This REIT is a no-brainer. It has a strong real estate portfolio base that can be expected to throw off cash for many years to come. Importantly, the real estate investment trust's portfolio mix is changing, with more higher-potential industrial properties delivering FFO growth. The stock has wildly outperformed other real estate investment trusts, too, yet remains fairly valued. An investment in it comes with a five percent dividend yield.
Gramercy Property Trust (GPT) has a high-quality real estate portfolio comprising of 318 assets with 66.7 million square feet, mostly industrial. Gramercy manages its real estate base well since the portfolio occupancy rate has remained consistently high. At the end of the March quarter, Gramercy Property Trust's portfolio occupancy rate sat at 98.4 percent with the REIT's core industrial portfolio achieving an even higher occupancy rate of 98.7 percent.
Source: Seeking Alpha
Related Articles:
- 5 Five-Star Dividend Stocks
- My Top 3 Investing Mistakes
- 6 Stocks Currently Trading Below their Fair Value
- The Wit and Wisdom of Warren Buffett
- The Perfect Dividend Stock
_____________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
You know what's good to see in one of your holdings? Management actually doing what they said they were going to do. The yield is 9.97%,...
-
It's impossible to follow the specific investing strategies of the world's best investors. After all, we don't always know why t...
-
Many investors focus their portfolios on either growth stocks (if they're a long way from retirement) or income stocks (if they're n...
-
Regulators typically set customer rates for utilities to ensure investors recover a fair return on capital and allows the businesses keep th...
-
Market volatility is scarily high. Interest rates on sidelined cash are scarily low. Investors looking to de-risk or take some profits off o...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
When dividend-paying companies are undervalued, investors stand to gain a constant stream of dividend income on top of capital gains, as ove...
-
Holding a stake in great businesses that regularly pay dividends and then reinvesting those payouts is one of the most dependable paths to l...
-
Most monthly payers are REITs of some kind – and a good chunk are mortgage REITs, which are facing rising interest rates. Some ETFs also off...
0 comments
Post a Comment
Post a Comment