High-yield commercial real estate investment trusts are no longer at the top of investors' shopping lists, which I think is a good opportunity to go bargain hunting. This REIT is a "Buy" on the drop. Shares appear to have bottomed out, are no longer oversold. The drop is a good opportunity to buy a commercial property REIT with solid dividend coverage stats at a bargain basement price. Shares are priced at ~8.1x run-rate AFFO and at an 8.8 percent yield.
Lexington Realty Trust's (LXP) shares have slumped precipitously since December. However, I think the bottom is now in, and income investors with a risk appetite may want to consider the commercial property REIT on the sell-off. Lexington Realty Trust has a diversified real estate portfolio and solid dividend coverage stats. Shares have an appealing risk-reward after the drop, and an investment in Lexington Realty Trust comes with an entry yield of 8.8 percent.
Source: Seeking Alpha
Related Articles:
- Dividend Stocks in Today's Market
- 5 Big-Name Dividend Stocks Crushing The S&P 500
- How To Be a Better Investor During Difficult Times
- 4 Higher-Yielding, Low Debt Stocks With A Tiny Payout Ratio
- 3 Stocks Increasing Dividends Like A Champion
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
If you want to earn more dividend income from the stock market, then you need to start investing in healthcare. Analysts project the number ...
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
I am going to double down on Exxon Mobil (XOM) this week because I believe investors will have to deal with more market volatility going for...
-
High dividend yields are harder to find lately, given the long-running stock market rally. But that scarcity doesn't mean investors have...
-
Dividend investing is all about owning investments that pay you — and pay you well — through thick and thin markets. And whether you are bui...
-
The U.S. boosted tariffs on $200 billion worth of Chinese goods from 10% to 25%. The markets had expected this to be the week that this deal...
-
One little-known tax loophole allows Americans to collect large, growing distribution checks from the government. And investors can begin ea...
-
Technology is the alchemy of the stock market. It is where companies turn worthless silicon into incredible new and expensive gizmos and dev...
-
Every investor needs a security blanket -- that piece of the portfolio that needs no attention and doesn't keep you up at night. Busines...
0 comments
Post a Comment
Post a Comment