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
This 8.8%-Yielding REIT Is Now Officially In The Bargain Bin
Posted by D4L | Tuesday, March 13, 2018 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
Double your money in a short time. Few investors would walk away from such an opportunity. Of course, there's no guarantee that any inve...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.