Unearth the latest addition to our Best Dividend Growth Stocks model portfolio. This newly minted jewel is a well-covered large-cap eREIT with an impressive record: it ranks in the top 30% of all dividend stocks for its 10-year dividend increase track record. Furthermore, its compelling 3-year Dividend CAGR of 14% positions it within the top 40% of all dividend stocks. Despite a challenging year, it still delivered a respectable 7% return year-to-date. As for income investors, the stock went ex-div on June 15 with a non-qualified payout of $0.870 per share, and a payment date of June 30.
How does this eREIT align with our recommendation process? We’ve leveraged our strategy, optimizing for Returns Potential via dividend growth, Dividend Safety, with some consideration to Returns Risk and Yield Attractiveness. For a detailed stock analysis, stay tuned.
