This company is a promising REIT income vehicle. It derives a large percentage of its revenues from long-term lease contracts which helps create a stable cash flow stream for the REIT. The company has excellent dividend coverage stats for a 9 percent yielder. Low AFFO payout ratio implies significant potential for continued dividend growth. The REIT’s shares sell for a competitive run-rate AFFO multiple. An investment in the stock yields 8.7 percent.
Lexington Realty Trust (LXP) looks like a promising buy on the drop. The real estate investment trust sells for a highly competitive AFFO multiple, and the company provides income investors with an unexpectedly high margin of dividend safety. Lexington Realty Trust easily covers its dividend with cash flow, hence, I judge the dividend to be sustainable going forward. An investment in Lexington Realty Trust at today’s price point yields 8.7 percent.
Source: Seeking Alpha
Related Articles:
- 3 Simple Steps For A Successful Retirement
- 6 Rainy Day Dividend Stocks
- With Dividend Growth Stocks, Cash Is King
- When A Stock Fails To Raise Its Dividend: Is It Time To Sell?
- Dividend Stocks in Today's Market
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The Dividend Aristocrats — a prestigious group of companies in the S&P 500 that have increased their payouts for more than 25 consecutiv...
-
To be clear, no such thing as a risk-free investment. But pick the right monthly dividend stocks and you’ll probably have a higher chance of...
-
One amazing dividend stock to buy now is a consumer finance company with double-digit yield and triple-digit-percentage returns. It sounds t...
-
In this article we discuss the 5 best dividend stocks to buy for consistent growth and income. If you want to read our detailed analysis of ...
-
Looking for dividend-paying energy stocks? Pandemic-hit 2020 was a terrible time for energy stocks, with many cutting dividends and some eve...
-
The market is getting more expensive. There’s no way around it. Investors should be cautious, but most are apathetic. There are still a few ...
-
With how fast the economy is booming, though, just buying stodgy companies might not hold much appeal. That’s why it’s worth taking a look a...
-
In this article we discuss the 5 best dividend stocks to buy according to Stan Druckenmiller. If you want to read our detailed analysis of D...
-
We're all going to need money in retirement, and one good way to build a fat portfolio for your future is to fill it with companies that...
-
The four dividend-paying health care investments to buy offer strong potential to profit from the ongoing economic reopening that will favor...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.