Discover a promising addition to the Best Dividend Growth Stocks model portfolio! This well-covered large-cap eREIT is making waves in the dividend growth investment world. With an impressive 3-year dividend per share compound annual growth rate (CAGR) ranking in the top 20%, it’s clear that this stock means business.
What sets this holding apart is its beta of 0.68, indicating that its monthly returns aren’t correlated with equity markets. This makes it an ideal diversification tool for your equity portfolio. While the S&P 500 returned 11% and the eREIT industry slipped by 2% this year, this gem has already soared with a 13.7% return.
Get ready for an unchanged non-qualified payout of $0.220 per share, going ex-dividend in on Wednesdays (June 14). This solidifies its position as a reliable income generator.
For an in-depth analysis of this intriguing dividend growth opportunity, delve into our comprehensive stock analysis. Explore its return since being added to the portfolio, yield, and benchmark performance. Optimize your returns potential with dividend growth and dividend safety at the forefront, while considering returns risk and yield attractiveness. Don’t miss out on this exciting addition to your investment strategy!
