Real estate success is all about location. Owning the best properties in the most sought after areas produces the highest and most constant returns. And when you can own a ton of properties in prime locations, it’s a recipe for dividend success. Case in point is the latest pick in our Best High Dividend Stocks Model Portfolio!
Our pick has a long history of dominating the commercial real estate sector and has created some of the techniques/transactions that nearly all real estate firms use today. Its history of dominance continues as the firm has a massive asset base of over a thousand properties in high traffic/high income areas, keeping the cash flows coming and supporting its hefty 5% yield.
With continued rental growth assured and plenty of smart M&A to be had, our pick has the goods to keep rewarding shareholders over the long haul. With the stock going ex-dividend on Friday, June 11, 2022 (estimated date), it could be an optimal pick to add or increase your position in the stock.
To make room for this real estate stock, we had to remove a mortgage REIT from our list this week.
You can check out the Best High Dividend Stocks Model Portfolio to explore all the stocks.
