If there’s one phrase every investor should be aware of, it has to be “last mile.” Thanks to changes in how consumers shop and various supply chain woes, delivery of goods to stores has become very important to customers. And that’s just why our latest Best Monthly Dividend Stocks List pick is an amazing play!
Our pick owns hundreds of warehouses and distribution centers across the country. The key for our pick is these are not generally massive business parks but instead smaller, freestanding warehouses. The win is that these warehouses are in key regions of the country and form the backbone of so-called last-mile delivery and distribution needs.
This niche is super fast-growing, and our pick continues to feast on high occupancy rates, rising rents and surging demand. And with that, investors have won as well. Our pick has quickly emerged as a dividend leader. The next monthly distribution comes on Friday, July 1 (estimated date) when it goes ex-dividend.
You can check out the Best Monthly Dividend Stocks List to explore all the stocks.
