In today’s stock market, a lot of things come at a premium. You want a dividend stock with solid growth potential? Prepare to pay a premium, because other investors want the same. You want a stock that pays monthly dividends? Prepare to pay a premium for that, too. The “supply and demand” mechanism means opportunities can be hard to find for income investors. However, that doesn’t mean you have to settle for a low-yield portfolio. In fact, the monthly dividend stock I’m looking at now pays a solid 6.3% yield and has decent growth potential.
The company in question is Chatham Lodging Trust (NYSE:CLDT), a real estate investment trust (REIT) headquartered in West Palm Beach, Florida. The REIT invests primarily in upscale, extended-stay hotels and premium-branded, select service hotels. It currently owns interests in 133 hotels, totaling 18,219 rooms. The No. 1 reason to consider Chatham Lodging Trust is its dividends. The company pays monthly dividends of $0.11 per share. At today’s price, that translates to a handsome annual dividend yield of 6.73%.
Source: Income Investors
Related Articles:
- Charlie Munger's 10 Rules for Investment Success
- Early Warning Signs of a Dividend Cut
- The Best Dividend Stocks In The World
- Never Fall In Love With A Stock
- My 4 Largest Dividend Growth Stock Positions Have Double-Digit Lifetime Returns
________________________________________________________________
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...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
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...
-
Individual investors were jolted by the sudden reappearance of market volatility in October. Given a range of issues spanning natural gas av...
-
Are you on the hunt for a generous and reliable dividend stock? If so, the list of Dividend Aristocrats -- comprised of those few companies ...
-
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; ...
-
Dividend-paying stocks are like the ballast that keeps a ship from capsizing during stormy seas. They provide grounding for investors who, w...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Without a doubt, buying and holding stocks is the best way to generate wealth over long periods of time. And we're not talking about hol...
0 comments
Post a Comment
Post a Comment