Unearth hidden investment treasures in the bustling eREIT industry, where yield, growth, and security are at their prime. Discover a potent mid-cap contender, standing tall with a laudable forward dividend yield of 7.67% – significantly surpassing the industry average of 5.5%.
This standout player ranks in the top 20% of dividend stocks, fueled by a commendable 3-year dividend per share CAGR of 30%.
Despite the S&P 500’s 21% return YTD overshadowing the entity’s 18% return, its performance still outshines the modest 3% seen in the eREIT industry.
Look forward to the imminent non-qualified $0.275 per share payout, ex-div since July 28 and set for a payout on August 15.
While forming our recommendation, we’ve also factored in key growth drivers and financial performance discussed by the company’s management during its Q2 earnings call held on August 3, 2023.
Our investment strategy – prioritizing yield attractiveness, dividend safety, and returns potential – firmly places this contender in the Best Monthly Dividend Stocks model portfolio.
Intrigued? Dive into our in-depth stock analysis to explore this investment goldmine.
