This company makes an excellent value proposition. The REIT has an extremely strong lease portfolio. Low AFFO payout ratio implies very high margin of dividend safety. The REIT's shares aren't cheap, but above-average dividend growth justifies the price tag. An investment in the stock comes with an entry yield of 4.9 percent. Yield on cost is poised to rise over time.
STORE Capital Corp. (STOR) is a top-shelf REIT with potential to grow its dividend at a fast clip. The real estate investment trust grows funds from operations organically and with acquisitions, and STORE Capital’s growing cash flow more than covers its dividend payout. STORE Capital compares very favorably against other REITs in the sector in terms of portfolio stats. STORE Capital is one of my top income bets in the commercial REIT sector, long term.
Source: Seeking Alpha
Related Articles:
- 3 Higher-Quality, High-Yield Dividend Stocks
- 10 Stocks With Sustainable Dividend Growth
- 12 Dividend Growth Stocks With A Good Yield/Growth Mix
- Who is Ben Grossbaum and Why Should We Listen to Him?
- 4 High Yield, High Risk Dividend Stocks
________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.