This hotel-focused real estate investment trust pays its dividend every single month, and its 5.71% forward yield runs well ahead of the 5.4% average across its industry peers. For income investors who count on regular monthly checks, a yield that clears the sector bar by this much is worth a second look.
The business owns and operates a large portfolio of upscale, rooms-focused hotels spread across dozens of states, leaning on major national hotel brands to handle loyalty programs and reservations while outside management companies run daily operations. That setup frees the company to focus on buying, selling, and financing properties instead of running hotels directly. Recent quarters have shown steady room-revenue growth even against tough comparisons from a year earlier, and expense discipline has helped results beat expectations. Rising costs at the property level and a cautious deal market for new acquisitions remain real pressure points, and management has flagged global energy and travel disruption risk as ongoing concerns.
This name was just added to the Best Monthly Dividend Stocks Portfolio on the strength of that above-average yield and a debt load that looks manageable next to peers. Its dividend safety picture is mixed. A short increase history is offset by conservative leverage, which suits investors comfortable letting a young dividend track record mature over time. Read on to see how the full picture breaks down.
