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
-
Even after multiple rate hikes from the U.S. Federal Reserve, savings accounts are still paying next to nothing. That’s why over the last se...
-
These stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. A large pa...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
I love getting paid to invest, which is why I've filled my portfolio with income stocks. My favorites are those that not only pay genero...
-
This is one of our top dividend-paying companies that can help boost the investment income in your portfolio. These stocks are a safe way to...
-
A big worry for retirees isn't necessarily the size of their nest eggs, but whether they'll keep up with inflation. While convention...
-
Tracking down a stock that pays a high yield is easy enough to find, but selecting ones that are worth holding onto for decades to come is q...
-
Not all dividend-paying companies make a lot of money, but the ones that do could fetch you solid returns in the long run, simply because a ...
-
In some dividend investors' minds, there's no such thing as too much dividend income. Yet often, stocks that carry extremely high di...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
0 comments
Post a Comment
Post a Comment