This REIT has paid a dividend for 23 years, making it a preferred income vehicle for investors valuing dividend sustainability. Strong portfolio and dividend coverage metrics imply a good margin of dividend safety. Shares are far from being overpriced, selling for less than eleven times 2017e AFFO. An investment in the company yields 6.7 percent.
Lexington Realty Trust (LXP) is a promising REIT to buy for a DGI portfolio. Lexington Realty Trust has solid portfolio and dividend coverage stats, including a low AFFO payout ratio, tilting the odds in favor of continued dividend growth. The REIT's shares are reasonably valued, selling for a low 2017 AFFO multiple. An investment in Lexington Realty Trust yields 6.7 percent.
Source: Seeking Alpha
Related Articles:
- High-Yield, High-Return Investments To Increase Income While Waiting On Dividend Growth
- Illinois Tool Works Inc. (ITW) Dividend Stock Analysis
- The Most Dangerous Investment
- 9 Dividend Stocks Beating The 4% Rule
- You Can't Spend Earnings
High-Yield REIT Stock Yields 6.7%, Low AFFO Payout Ratio And Valuation, Dividend Upside
Posted by D4L | Sunday, November 12, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
In short, dividend-bearing stocks are one of the smartest approaches stock investors have available currently. The same is true in strong ec...
-
If your growth-investing days are over (or nearly so) and you're more interested in steady income, start your search with all-weather st...
-
Even in the current inflationary environment, where stocks across a wide variety of sectors are trading down, companies with a favorable his...
-
Finding cheap dividend stocks is critical for another reason. By the time the Federal Reserve meets for the second time in 2023, the central...
-
Investing in passive income can allow you to make money with minimal portfolio management. There are many types of investments to make passi...
-
Many companies make very predictable fixed dividend payments each quarter. When they do, their investors have a pretty good idea of how much...
-
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After...
-
Linked here is a detailed quantitative analysis of Chevron Corporation (CVX). Below are some highlights from the above linked analysis: Comp...
-
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is crushing the market this year as value and dividend stocks have pulle...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.