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
-
So, stocks are the place to go. But which stocks? While the market is clearly the place to go for strong returns, investors have different p...
-
Strange but true: seniors fear death less than running out of money in retirement. So what's a retiree to do? You could cut your expense...
-
If you're anticipating a long retirement, you'll want to remain invested in stocks to give your money a chance of outpacing inflatio...
-
When writing this article, I was looking for an ideal list of dividend-paying stocks that consistently raise their dividends each year. In a...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
If I could teach investors one thing, it would be how to identify and value “Forever Assets.” These businesses constitute the single best wa...
-
Exxon Mobil Corporation (NYSE:XOM) stock is trading at the same level as it was during the beginning of 2019. Even with company-specific pos...
-
As a new decade approaches, it's a good time to think about putting a few stocks in your portfolio that can stand the test of time, pote...
-
One of the Best Dividend Stocks of the Past Decade. If you ask most people to name the best dividend stocks, they’ll rattle off a similar li...
-
Dividends are profit sharing payments sent out to stockholders. Companies have a variety of reasons for paying them, ranging from simply swe...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.