Real estate investment trusts have sold off lately as investors took profits in a sector that has attracted a lot of capital in the last several years. The sell-off is a good opportunity in my opinion to buy a quality REIT at a discounted price and at a higher dividend yield. This REIT has significant excess dividend coverage. It is affordable with shares are selling for ~12.0x this year's estimated AFFO. The REIT sell-off is a good opportunity to gobble up shares. An investment in it yields 5.6 percent.
Real estate investment trust STORE Capital (NYSE:STOR) is a good deal for income investors trying to take advantage of the latest sell-off in the sector. The REIT pulls in a good amount of cash on a regular basis in terms of (adjusted) funds from operations, and STORE Capital consistently overearns its dividend with AFFO. Besides a more affordable valuation, an investment in this REIT comes with a higher 5.6 percent dividend yield.
Source: Seeking Alpha
Related Articles:
- 5 Low-Risk, High-Yielding Dividend Stocks
- 9 Dividend Stocks For A Rainy Day
- 6 Dividend Growth Stocks With Strong Capital Appreciation
- 6 Higher Yielding Basic Materials Stocks With Growing Dividends
- 7 Dividend Growth Stocks That Could Make You Wealthy
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Are you sick and tired of low interest rates? Certificates of deposit pay next to nothing. Bonds yield only three or four percent a year. Su...
-
Late last year, Wall Street had a bit of a panic attack when Fed chairman Jerome Powell suggested this tightening was on autopilot. While th...
-
If you’ve been following this column, you’d know that monthly dividend stocks tend to come from two main types of businesses: real estate an...
-
These three picks are all up more than 10% so far in 2019. The three themes are LNG, specialized healthcare, and small banks. The yields ran...
-
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 ...
-
This company makes a compelling value proposition based on valuation, risk/reward, yield, and upside potential. I added this hotel REIT las...
-
This company makes a compelling value proposition on the dip for DGI investors. The REIT has strong portfolio stats and a conservative AFFO-...
-
If a company pays, say, 14%, you would only need to put up $71,429 to earn $10,000 in annual dividends. Of course, we know that double-digit...
-
Stocks with high dividend yields can be great, but if a stock has a high dividend yield and also has lots of long-term growth potential and ...
-
There are a lot of reasons to consider adding high-dividend stocks to your portfolio. They offer a steady income that can help ease the pain...
0 comments
Post a Comment
Post a Comment