This company is a high-yield commercial property yield REIT. It has solid portfolio and dividend coverage stats. The dividend is not at risk over the short haul, in my opinion. Shares continue to sell for a competitive AFFO multiple. An investment in the stock yields 8.1 percent.
Lexington Realty Trust's (LXP) shares have an attractive risk-reward at today's price point. The real estate investment trust has solid portfolio stats and it derives a large percentage of revenues from long-term lease contracts. Shares sell for a very affordable AFFO multiple, and Lexington Realty Trust has a comfortable margin of dividend safety. The dividend has room to grow, too. An investment in Lexington Realty Trust yields 8.1 percent.
Source: Seeking Alpha
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This 8.1%-Yielding Commercial Property REIT Remains A Buy
Posted by D4L | Monday, August 13, 2018 | ArticleLinks | 0 comments »________________________________________________________________
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