Saul Centers is a reliable income option for income-oriented investors, offering a decent yield of roughly 6% and solid fundamentals. Despite a flat share price, Saul Centers has strong dividend coverage, growth potential, and an attractive valuation for long-term income-focused investors. The REIT's well-laddered debt maturities, strong dividend profile, and potential for growth make it a solid choice for long-term income investors.
Saul Centers (BFS) came out with quarterly funds from operations (FFO) of $0.83 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to FFO of $0.78 per share a year ago.
PFS, BFS and GPRK made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 24, 2024.
The next two to five years probably will not be kind to REITs. Weak REITs with messy balance sheets, weak forecast for FFO growth, unsafe dividends, and/or overvaluation are likely to suffer the most damage in any downturn. This article identifies 11 companies that fit this description.