A safe yield and solid growth prospects are a must for any investor in real estate investment trusts -- and this company not only has these qualities but it's much cheaper than rivals. Here's why it's an attractive purchase today.
For the last year and a half, investors have seriously discounted Spirit Realty. The company used to own a series of stores leased to Shopko, a physical retailer suffering some tougher times. But in a bid to move these assets off its own balance sheet, the company spun them out to investors as Spirit MTA (NYSE:SMTA). The spinoff company also includes other "workout assets," those that the company may monetize in the future. Instead of owning those properties directly, now Spirit Realty takes a management fee.
Source: Motley Fool
Related Articles:
- 2 Low P/E Value-Stocks, Yielding 4% Or Higher
- How Much Money Will You Need To Retire?
- Seeding A Forest Of Dividend Growth Stocks
- 4 Stocks With A Strong Cash To Dividend Coverage
- Optimizing Your Asset Allocation
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Utility stocks have been relatively volatile in the recent past. However, most utility stocks have a low beta and have a stable cash flow vi...
-
Many investors search for safe, dividend-paying stocks. As John D. Rockefeller once said: "Do you know the only thing that gives me ple...
-
Dividend stocks have fallen out of fashion during the pandemic. With interest rates at rock-bottom levels, investors have fled from assets l...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
With interest rates near zero, many investors are turning to dividend stocks for income. And for some investors, the higher the yield, the b...
-
The U.S. economy officially entered into a recession in February, and challenging conditions will likely continue in the near future. The co...
-
Energy Transfer (NYSE:ET) pays a monster cash distribution. Given the big slide in its unit price, -- they're down more than 50% in the ...
-
The rollout of fifth-generation network services, also known as 5G, enhances the appeal of each of these three dividend-paying, 5G technolog...
-
Prices of energy commodities like natural gas are important for consumers and investors alike. Earlier in the year, natural gas prices in th...
-
Unfortunately, some investors that are new to dividend stocks end up chasing the highest yield stocks they can find and end up getting burne...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.