It’s no secret that income investors have a special fondness for real estate stocks. Often structured as real estate investment trusts (REITs), these companies pass the rental income they earn from their real estate portfolio to shareholders in the form of generous dividend payments. To some investors, though, the centuries-old landlord business model used by most real estate companies today might seem a bit boring. However, keep in mind that landlords can own more than just office buildings, apartment complexes, and shopping centers. With the right type of assets, a REIT could be operating at the frontier of technology. Sounds too good to be true? Well, let me explain...
The company in question is Uniti Group Inc (NASDAQ:UNIT), a REIT headquartered in Little Rock, Arkansas. As I mentioned earlier, this is not your average mall REIT or office REIT. Instead, Uniti Group focuses on the acquisition and construction of mission-critical communications infrastructure. A REIT that owns shopping centers rents its properties to retailers. A REIT that owns healthcare properties has healthcare operators as its tenants. But what about Uniti? Well, as of September 30, 2018, Uniti owns 5.4 million fiber strand miles and around 850 wireless towers, in addition to other communications real estate across the U.S. and Latin America.
Source: Income Investors
Related Articles:
- Stock Dividends, The Gift of Nothing
- What's More Powerful Than Compound Interest?
- Dividends vs. Stock Buybacks
- 5 Lessons Learned About Investing In Dividend Growth Stocks
- 4 High Rated, Lower Debt Dividend Stocks With A Reasonable Payout
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
It’s no secret that most investors who buy high-yield stocks are looking for income. But every once in a while, yield hunters may come acros...
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
Dividend-paying securities are the major sources of consistent income when returns from the equity market are at risk. Why Growth-Focused Di...
-
Not all stocks that pay high dividends are too good to be true. In fact, some stocks with high yields have lots of room to grow, or they tra...
-
After an abysmal 2018, real estate investment trusts (REITs) have been on a roll this year. After pulling one of the worst performances sinc...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Cheap stocks can be hard to find in a high-flying market like the current one. The S&P 500 is flirting with all-time highs following its...
-
Large-cap consumer staples companies are not known for making big moves in their share prices. But on the morning of Monday, April 22, Kimbe...
-
Big, boring AT&T (NYSE:T) recently made a splash, selling its minority stake in streaming video site Hulu. AT&T stock gained 0.7% on...
-
Finding great dividend stocks isn't always about searching out the highest dividend yield. Often, especially for retirees seeking a mixt...
0 comments
Post a Comment
Post a Comment