A fat dividend yield rewards intelligent investors. Beware the attack of the stupid narrative. FFO is growing rapidly and so is the dividend. I just bought shares. I’m suggesting an initial “buy under” target of $165 and placing the “strong buy under” line at $155. Investors should limit total exposure to any one subsector, especially mall REITs. Digging through mortgage REITs reinforced my skepticism and taught me the importance of taking complex subjects and breaking them into a simpler premise.
Simon Property Group (SPG) is under attack by a stupid narrative. The premise is that malls are dying, and the growth in sales for Amazon gives the narrative room to run. The underlying facts don’t fit the story, but if potential investors don’t visit the malls, they may imagine them to be the bombed out husks of a once vibrant civilization. Simon Property Group’s properties are anything but neglected and rundown vacant structures. Their dividend is secure. Their financial performance is strong. The biggest delay in analyzing them is simply working through the combination of consolidated and unconsolidated positions. In my view, SPG is a strong REIT and is an excellent fit for the buy-and-hold investor looking for another solid dividend growth stock.
Source: Seeking Alpha
Related Articles:
- 7 Dividend Stocks Delivering The Secret To Success
- 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
A 4.56% Dividend Yield REIT With 160% Coverage
Posted by D4L | Monday, September 04, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
All seven equities on this list have dividend yields above 13%, but the highest one yields nearly 27%! In addition, each equity has a positi...
-
Dividend safety is especially important when stock prices are falling. Many companies cut their dividend payouts in 2020 during the coronavi...
-
Investors in retirement may desire additional income. Those who don’t have a pension are likely relying on Social Security, and their retire...
-
Dividend Aristocrats have a massive fan following among income investors, and for good reason: These are the only 65 stocks to have increase...
-
Investing in dividend-paying stocks is a good way to generate fairly reliable income. However, that strategy doesn't necessarily mean yo...
-
The four dividend-paying retail technology stocks to buy towered over the rest at a BoA Global Research Consumer & Retail Technology C...
-
Sometimes, stocks are a bargain because the company's prospects are being overlooked, and sometimes, it's just the result of a broad...
-
High yields are often found in sectors that are out of favor, which is why you can get some pretty impressive dividends from the energy sect...
-
Chasing growth is usually the right move for younger investors, but it can be a risky strategy for retirees. Generally speaking, retirees sh...
-
Of all the places to invest, there may not be a more recession-proof sector than water stocks. Consumers need access to clean water for drin...

0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.