Embrace the new addition to our Best Dividend Protection Stocks model portfolio – a well-covered, large-cap eREIT that is designed to optimize your Dividend Safety and Returns Risk, and to a lesser extent, Yield Attractiveness and Returns Potential.
Despite the recent weekness, this fresh entrant is no pushover, boasting a 13-year track record of consistent dividend increases.
With its impressive 3.76% forward dividend yield that ranks among the top 40% of dividend stocks, it exhibits an exciting growth trajectory with a 3-year dividend CAGR of 23%, positioning it among the top 20% of all dividend stocks.
Its relatively low beta of 0.75 signifies less correlation with equity markets, further bolstering portfolio diversification. Brace for the upcoming payout, an unchanged non-qualified $1.400/share going ex-div on July 13th.
Delve deeper into our in-depth stock analysis to comprehend the rationale behind our choice and the potential it holds for your retirement dividend portfolio.
