Agree Realty pays a high-yielding and steadily rising monthly dividend. Rexford Industrial Realty has grown its earnings and dividend at an above-average rate.
Disinflationary trends continue, opening the door to rate cuts and a potential REIT rally. Signs of consumer weakening are evident in declining movie theater sales, restaurant visits, and ski trips. Texas is expected to host a new stock exchange, reflecting the state's economic strength and ability to attract businesses and IPOs.
Building a solid retirement portfolio to carry you through your golden years requires just a few key ingredients like income reliability, dividend growth and exceptional yield. That's because retirement is not the time to take fliers on penny stocks.
Agree Realty has a long runway to continue growing its portfolio and high-yielding monthly dividend. Mid-America Apartment Communities expects rent growth to reaccelerate later this year and into 2025.
Daiichi Sankyo is poised to play its part in revolutionizing cancer treatments with its portfolio of antibody-drug conjugates, that target $15 billion-plus annual revenue opportunities. Enhertu, the primary revenue driver today, has shown promising results in HER2+ breast cancer, while Dato-DXd offers billions in potential revenue from lung and breast cancer. Daiichi Sankyo has an attractive pipeline, including compounds in trials for small-cell lung cancer, ovarian cancer, EGFR-mutated NSCLC, as well as an emerging second-gen ADC technology portfolio.
Agree Realty is a net lease real estate investment trust (REIT). The company's yield is around 4.9% today, and the stock is down around 20% from its 2022 highs.
Stocks generally end up with high yields for a reason, but sometimes that reason is temporary. Bank of Nova Scotia is a major Canadian bank that is working to improve its business.
Agree Realty is a slow and steady dividend grower with an important edge over the net lease sector's most prominent company. Federal Realty has a dividend streak that's unrivaled in the REIT sector, and it is on the rare list of Dividend Kings.
Realty Income is the largest net lease REIT and could be a cornerstone dividend stock for any income portfolio. Agree Realty is a smaller net lease REIT with big growth ambitions.
The commercial real estate market continues to face challenges from elevated interest rates and rising supply. Retail real estate stands out with low vacancy rates, benefiting companies like Realty Income and Agree Realty. Industrial and multifamily sectors face rising vacancies due to increased supply, but leaders like Prologis and Mid-America Apartment Communities show resilience.
Monthly dividends are better for matching expenses and enable faster compounding of returns. In this article, I highlight two REITs that pay monthly dividends that are well covered by FFO. Both carry solid leverage ratios and are demonstrating portfolio strengths in the current economic environment.
REITs are priced at their lowest valuations since 2008. But that does not mean that all REITs are worth buying. Here are three REITs that I would consider selling.