This REIT recently increased its quarterly cash dividend by 4 percent. The "retail apocalypse" is widely exaggerated. It has potential to grow its dividend even more, thanks to a wider-than-expected margin of dividend safety. I see the company as a contrarian REIT bet. An investment in the stock yields 5.9 percent.
Kimco Realty Corp. (KIM) is a much better REIT than many investors think it is. The commercial REIT has performed poorly in 2017, largely thanks to exaggerated claims about a pending "retail apocalypse." However, digging into the REIT's financials reveals that Kimco Realty has rather good dividend coverage stats and the dividend has a lot of room to grow. I continue to see Kimco Realty as a contrarian REIT investment that has the potential to surprise to the upside.
Source: Seeking Alpha
Related Articles:
- 9 Dividend Stocks Beating The 4% Rule
- You Can't Spend Earnings
- Why Dividends Matter
- Hey, You Invest Like a Girl!
- Are Storm Clouds Gathering For These 4 High-Yielding Securities?
_____________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Do you need more income? Join the crowd. It seems everyone is scouring the landscape these days for decent income investments to beef up the...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
While I've invested a decent portion of my portfolio into growth stocks, a significant part of my holdings consists of dividend-paying s...
-
All too often when a cheap stock offers a high dividend yield, it's too good to be true. Perhaps the stock has plunged with good reason,...
-
Stocks can make for amazing investments, offering better long-term returns than bonds, precious metals, and most other commonly available in...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
If it's dividends you're after, there are plenty of top companies to consider, particularly those on the Dow Jones Industrial Averag...
-
Investors hear about dividend aristocrats all the time. It’s a fantastic thing if a company raises its dividend every year for 25 years runn...
-
To alert investors of stocks that have the highest risk of reducing their current dividend in the future, Simply Safe Dividends created a Di...
0 comments
Post a Comment
Post a Comment