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
-
Real value comes from holding on to your stocks for years -- decades is best -- and watching as their businesses grow and appreciate. It'...
-
In this article we discuss the 5 Best Dividend Stocks to Buy According to Billionaire Ken Fisher. 5.) British American Tobacco p.l.c. (NYSE:...
-
Investing for retirement requires a different approach from merely betting on growth or value stocks. The strategy for fixed-income is to bu...
-
On Monday, AT&T (NYSE:T) confirmed that it will spin off its WarnerMedia entertainment unit and merge it with Discovery. While this will...
-
High dividend stocks included on our list had a number of criteria to meet — all stocks satisfied a minimum dividend yield requirement, have...
-
Earlier generations have favored dividend investing because generally higher yields were on offer then. Today, though, some investors have b...
-
One of our favorite areas to find blue-chip dividend stocks is in the utility sector. Companies in this space provide electricity, gas and w...
-
It’s safe to say that one of the biggest concerns that economists and investors have on their minds at this time is inflation. Regardless of...
-
Business Development Companies, known as BDCs, offer the retail investor exposure to privately-held firms, which often are funded by venture...
-
One factor that can make a big difference is competitive advantage and leadership in a given industry. In general, larger companies with glo...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.