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
-
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 ...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
There have been a lot of business cycles over the past five decades, ups and downs through which it takes astute leadership to survive and t...
-
This BDC remains a "Strong Buy". It has a diversified investment portfolio with considerable NII-upside. Shares sell for a premium...
-
The S&P 500 might be on one of its strongest bull runs ever, but there are several solid dividend stocks out there that haven't quit...
-
A safe yield and solid growth prospects are a must for any investor in real estate investment trusts -- and this company not only has these ...
-
Whether you are looking to supplement your income or looking to build wealth over very long periods of time, dividend stocks that can reliab...
-
Dividend payers have long had a reputation as stodgy companies that can pay a reliable income but whose stocks don't move too fast. Here...
-
These stocks need to achieve the right balance between dividend payment and the re-investment of profits. This ensures that the dividend is ...
0 comments
Post a Comment
Post a Comment