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
-
Here's an eye-opening statistic: older Americans are more afraid of running out of money than of death itself. And unfortunately, even r...
-
Today, we’ll look at three high-yield dividend stocks that have earned a ‘perfect 10’ from the Smart Score. For investors seeking a clear fo...
-
How do you assess risk? Different investors have different approaches, and when a Black Swan event topples the market, risk assessment becom...
-
Master limited partnerships (MLPs) have fallen out of favor with investors in recent years, thanks to a combination of continued turbulence ...
-
Many companies have been suspending their dividends during the COVID-19 crisis, and in many cases it is understandable. In times of economic...
-
While near-term fluctuations in the stock market can be unpredictable, dividends are one of the few reliable sources of market returns. Stoc...
-
With the price of oil rebounding, I wanted to find five cheap energy stocks that have solid dividend yields. In other words, the dividends a...
-
AbbVie (NASDAQ:ABBV) is in the midst of a transition. AbbVie began life about a decade ago when it was spun off from health care and medical...
-
3M Company (NYSE:MMM) is growing its FCF very well, and as a result, MMM stock is likely to move up at least 44% over the next or so. Right ...
-
This article deals with a sensitive subject - prisons, more precisely, US prisons. Regardless of which side of the argument one takes, sadly...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.