I added this company to my high-yield income portfolio this week. It announced that it has closed on the sale of four non-core outlet centers for gross proceeds of $130.5 million. The real estate investment trust has a strong real estate portfolio and very good dividend coverage for a seven percent yielding mall REIT. Shares are sensibly valued. An investment in the stock yields 7.0 percent.
Tanger Factory Outlet Centers (SKT) is an interesting shopping center real estate investment trust to consider on the drop. The REIT is dependent on the retail industry, but nonetheless has strong portfolio, diversification, and dividend coverage stats. Further, Tanger Factory Outlet Centers has grown its dividend consistently in the last 26 years, which makes the REIT a preferred income vehicle for DGI investors. Shares are sensibly valued and an investment in SKT yields 7.0 percent.
Source: Seeking Alpha
Related Articles:
- A Disciplined Approach To Dividend Growth Stocks
- 3 Low Beta, Higher Yielding Dividend Stocks For The Next Downturn
- 6 High-Yield REITs With Growing Dividends
- 26 Income Securities For A Well-Rounded Asset Allocation
- 5 Small/Mid-Cap Dividend Growth Stocks Answering The Call
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
At times like this, it is tempting to jump on a bandwagon and buy up the growth stocks, aiming to capitalize on the broader trends. But is t...
-
Looking back on the year, it has been quite remarkable. The coronavirus has wreaked havoc on people's health and caused governments to i...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
In today’s near-zero interest rate environment, it’s been tough for investors looking for yield. There are many high-yielding dividend stock...
-
Three high dividend stocks to buy now feature a business development company (BDC), a national real estate investment trust (REIT) and the o...
-
This past year has been the ultimate stress test for dividend stocks. Some companies failed miserably as they either slashed or suspended th...
-
Dividend stocks are a great choice for investors looking for a regular income stream. The best dividend stocks offer a growing payout in add...
-
The dividend-paying cleaning stocks to buy now amid the COVID-19 pandemic should benefit from heightened sanitary expectations by consumers ...
-
Rather than subject themselves to this risk, savvy investors can stabilize their portfolios by taking positions in reliable dividend growth ...
-
The best dividend stocks can generate excellent long-term returns. Even better, investors can buy high-quality dividend stocks when they are...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.