One sector that has generated tremendous amounts of wealth for many individuals is the real estate sector. That said, many investors tend to stay away from the real estate sector because of the hassles of managing a property. A great way to invest without being a landlord is to look for a monthly dividend stock in the real estate investment trust (REIT) sector. Investing in REITs is a great way to receive a piece of the cash flow without being a landlord. When looking at REITs, it’s all about who is occupying the space, because that is the number-one factor that affects the dividend payments to shareholders.
I have found a REIT that meets these conditions, and that would be classified as a monthly dividend stock. I’m talking about Granite Real Estate Investment Trust (NYSE:GRP.U). Currently, Granite’s portfolio contains 94 income-producing properties in North America and Europe. The largest tenant in the portfolio is Magna International Inc. (NYSE:MGA), which currently accounts for 79% of Granite’s earnings. Magna is the fourth-largest automotive supplier in the world, operating in over 30 countries around the globe, with a market cap of approximately $14.0 billion.
Source: Income Investor
Related Articles:
- 7 Undervalued, Big-Name Stocks To Consider For Your Dividend Portfolio
- 7 High-Yield Energy Stocks Growing Their Dividends
- 5 Dividend Stocks In Need Of A Market Correction
- 10 Dividend Stocks Building A Growing Cash Stream
- How To Build A Sustainable High Yield Portfolio
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Each of these high-yield dividend stocks has a dividend yield exceeding 6.5%. That’s is a very high dividend yield few stocks have. In addit...
-
I like high-yield dividend stocks that also have the ability to buy back their shares. These are called total yield dividend stocks. They of...
-
Because their financials must support a monthly dividend payment, the companies in this space are stable by nature — their operations are st...
-
As veteran traders will attest, though, nothing lasts forever. It might not be a bad idea to start adding exposure to the market's lagga...
-
In a soaring market, a few percentages of dividends may not seem like much. Over the past few months, the Dow Jones Industrial Average, the ...
-
Dividend payments are, by nature, a conservative strategy for companies to use, and as a rule of thumb the more conservative companies are l...
-
While there are a number of factors responsible for pushing the stock market lower, the spread of COVID-19 looks to be the match that lit th...
-
It operates in a great location. Florida has seen a material influx of residents in recent years as people look to move to a warmer climate ...
-
There’s a group of companies that have started catering specifically to retirees: monthly dividend stocks. Admittedly, the universe of month...
-
Dividend-paying stocks from low-risk, high-quality companies are a smart way to generate steady and reliable attractive income streams to re...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.