Acquisitions are key for this REIT to grow its equity valuation and could be a positive catalyst for FFO growth, proving that even smaller REITs that depend on acquisitions to grow their real estate portfolio can afford to pay a much higher dividend than the typical, larger REIT. This small equity value REIT is growing fast. It handsomely covers its dividend payout with core funds from operations and sells for ~10.3x Q3-16 run-rate core FFO. An investment in it yields 8.29 percent.
Independence Realty Trust's (NYSEMKT:IRT) shares have sold off lately as part of a wider sector correction. However, the REIT produces good results, and aggressively grows its property portfolio in the United States. Independence Realty Trust offers the right mix of high income covered by core funds from operations and capital upside. IRT sells cheaply and pays an 8% dividend on a monthly payment schedule.
Source: Seeking Alpha
Related Articles:
- 3 High-Yield Dividend Achievers With 25 Years of Increases
- 17 Investments That Pay Monthly Dividends
- 5 Dividend Stocks To Build Your Future Security
- 7 Dividend Stocks With A Low Payout Ratio
- 5 Dividend Stocks Beating the S&P With Positive Returns In Excess of 50% YTD
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
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 ...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
Add it all up, and things are starting to get tense. That leaves investors wondering where they can go for safety. After years of tech outpe...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
While these pharma stocks have steady cash flows and revenues, there’s still plenty of growth left in the tank from new drugs in development...
-
Dividend-paying stocks are like the ballast that keeps a ship from capsizing during stormy seas. They provide grounding for investors who, w...
-
Are you on the hunt for a generous and reliable dividend stock? If so, the list of Dividend Aristocrats -- comprised of those few companies ...
-
Individual investors were jolted by the sudden reappearance of market volatility in October. Given a range of issues spanning natural gas av...
-
Despite a strong year, the renewable power company has lost 20% of its value, which has pushed its dividend yield up to 7%. That lower price...
-
If you’ve paid any attention to the financial news lately, you’d know that market sentiment has changed. This shouldn’t come as a surprise; ...
0 comments
Post a Comment
Post a Comment