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
-
It’s no secret that most investors who buy high-yield stocks are looking for income. But every once in a while, yield hunters may come acros...
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
Dividend-paying securities are the major sources of consistent income when returns from the equity market are at risk. Why Growth-Focused Di...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Not all stocks that pay high dividends are too good to be true. In fact, some stocks with high yields have lots of room to grow, or they tra...
-
After an abysmal 2018, real estate investment trusts (REITs) have been on a roll this year. After pulling one of the worst performances sinc...
-
Cheap stocks can be hard to find in a high-flying market like the current one. The S&P 500 is flirting with all-time highs following its...
-
Large-cap consumer staples companies are not known for making big moves in their share prices. But on the morning of Monday, April 22, Kimbe...
-
Big, boring AT&T (NYSE:T) recently made a splash, selling its minority stake in streaming video site Hulu. AT&T stock gained 0.7% on...
-
I added this company to my high-yield income portfolio this week. It announced that it has closed on the sale of four non-core outlet center...
0 comments
Post a Comment
Post a Comment