This REIT's common shares crashed in May of this year after the REIT adjusted its AFFO guidance. While it has reduced its exposure to its largest retail tenant a lot of income investors are still avoiding the REIT. I think company's preferred stock layer offers good value. The REIT's Series A preferred stock has only recently begun trading. The Series A comes with a yield of 6.11 percent, and is a less risky way of investing in the REIT business.
Spirit Realty Capital, Inc. (SRC) is a REIT at the higher end of the risk spectrum due to its exposure to Shopko, a retailer that has been closing stores in the struggling retail industry. Income investors who think Spirit Realty Capital's 8.3 percent common stock yield is too risky can take a look at the REIT's preferred stock layer to find good value instead. The REIT's preferred stock would be a good income vehicle for more risk-conscious investors who are concerned about the REIT's exposure to the retail industry.
Source: Seeking Alpha
Related Articles:
- Characteristics of Great Dividend Growth Stocks
- 8 Dividend Stocks With A 15% Yield In 15 Years
- Don't Touch These 5 Dividend Stocks!
- 9 Higher Yielders With A Low Free Cash Flow Payout
- 6 Dividend Stocks Headed In The Right Direction
This REIT's Preferred Stock Limits Investors' Risk And Yields 6.1%
Posted by D4L | Wednesday, January 10, 2018 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
At times like this, it is tempting to jump on a bandwagon and buy up the growth stocks, aiming to capitalize on the broader trends. But is t...
-
Looking back on the year, it has been quite remarkable. The coronavirus has wreaked havoc on people's health and caused governments to i...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
In today’s near-zero interest rate environment, it’s been tough for investors looking for yield. There are many high-yielding dividend stock...
-
Three high dividend stocks to buy now feature a business development company (BDC), a national real estate investment trust (REIT) and the o...
-
This past year has been the ultimate stress test for dividend stocks. Some companies failed miserably as they either slashed or suspended th...
-
Dividend stocks are a great choice for investors looking for a regular income stream. The best dividend stocks offer a growing payout in add...
-
The dividend-paying cleaning stocks to buy now amid the COVID-19 pandemic should benefit from heightened sanitary expectations by consumers ...
-
Rather than subject themselves to this risk, savvy investors can stabilize their portfolios by taking positions in reliable dividend growth ...
-
The best dividend stocks can generate excellent long-term returns. Even better, investors can buy high-quality dividend stocks when they are...

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