Unearth the gem that’s making waves in the eREIT industry with its impressive forward dividend yield of 6.56%— comfortably outperforming the industry average of 5.9% and placing it among the top 20% of dividend stocks.
This is no flash in the pan, with a 3-year dividend per share compound annual growth rate (CAGR) of a remarkable 64%, again ranking it in the top 20% of all dividend stocks. Gear up for the upcoming payout, an unchanged non-qualified $0.080 per share, declared earlier this week and going ex-dividend next Thursday, June 29.
But beware of dividend traps! Our selection process optimizes for Yield Attractiveness and Dividend Safety, and to a lesser extent, Returns Potential and Returns Risk. We only include monthly payers in our Best Monthly Dividend Stocks model portfolio. Dive into the in-depth analysis that follows for more insights on this mid-cap stalwart, reaffirmed as a holding in our portfolio.
