10+ Year-Increasing Multi-family-Focused REIT Added to Best Real Estate Dividend Stocks List

While demand for home purchases has softened due to soaring interest rates, America’s rental market remains vibrant, especially in the Sunbelt states. The Covid-19 pandemic ushered in a new era of interstate migration, with places like Florida and North Carolina reaping the benefits. Our latest addition to the Best Real Estate Dividend Stocks List is a real estate investment trust (REIT) that serves the residential housing needs of high-end markets in the Southeastern and Southwestern United States.

Thanks to solid third-quarter results, broad exposure to America’s Sunbelt markets and strategic investments in places like Florida and North Carolina, our pick is well-positioned to capitalize on rental demand. Our pick enjoys same-store property revenue growth and a positive outlook for the rest of 2022. More than a decade of dividend growth also sweetens the deal for income investors looking to get in on a REIT with solid business fundamentals.

To make room for our latest pick, we’ve had to swap out a diversified business-to-business REIT due to its limited upside potential.

You can check out the Best Real Estate Dividend Stocks List to explore all the stocks.