This company is a promising small-cap REIT. The REIT has grown core FFO at a fast clip since its IPO in 2013. The company, however, has a very narrow margin of dividend safety. Its dividend stream costs investors ~13.5x 2018e core FFO. Shares are currently priced at a 7.0 percent yield.
Independence Realty Trust, Inc. (IRT) is a promising REIT play for investors with an above-average risk tolerance and a desire for high, recurring dividend income. Independence Realty Trust has grown its funds from operations at a fast clip in the last several years, thanks to the company's aggressive stance on acquisitions. The commercial property REIT covers its dividend with FFO but continues to have a narrow margin of dividend safety. An investment in Independence Realty Trust yields 7.0 percent.
Source: Seeking Alpha
Related Articles:
- 8 Dividend Stocks With The Right Stuff
- Free Cash Flow Payout vs. Dividend Payout
- 6 Dividend Stocks Trading at a Double-Digit Discount
- 5 Best U.S. Dividend Growth Stocks
- 2 Low P/E Value-Stocks, Yielding 4% Or Higher
7.0% Covered Dividend, But About Fairly Valued
Posted by D4L | Tuesday, July 24, 2018 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
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...
-
Boring stocks to buy and hold almost always align with deeply established businesses. While they won’t offer the outstanding growth potentia...
-
Did you know that if a company were to increase its dividends by 5% per year, it would take 14 years for its payouts to double? And if its r...
-
The quick rise in interest rates over the past year turned investor sentiment toward REITs negative. Higher interest rates make it harder fo...
-
While there are many paths investors can take to generate long-term wealth, our preferred method is to buy-and-hold quality dividend stocks ...
-
Dividend Kings are stocks that have increased their dividends annually for at least 50 consecutive years. That's five full decades or mo...
-
Indeed, with recession on the horizon, investors are increasingly emphasizing quality, safety and dividends in their portfolio selections. W...
-
While it is prudent to build a more robustly diversified portfolio than just three stocks, the three discussed in this article are sure to g...
-
Cash is king when you’re looking to add dividend stocks to your portfolio There’s ample reason for caution. In case you haven’t noticed, a l...
-
Linked here is a detailed quantitative analysis of Texas Instruments Inc. (TXN). Below are some highlights from the above linked analysis: C...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.