Despite rising inflation and worries about the economy, the post-COVID-19 world is all about getting out there and living life’s experiences. For our newest Best High Dividend Stocks Model Portfolio pick, this spending spree by consumers has resulted in some very impressive results and reversed many of the pandemic’s woes. Profits and cash flow have surged over the last year. Investors have profited too with a one-year dividend growth of 1,600%, boosting our pick’s yield to over 6%!
You can check out the Best High Dividend Stocks Model Portfolio to explore all the stocks.
The secret to our pick’s success during these current times remains our pick’s niche. Our pick is an owner of various lodging and resort properties. The key is that our pick owns the buildings and doesn’t run the hotels, creating a different set of risk-reward profile, which ultimately provides strength and stability to its cash flow. The best part is that the bulk of these properties are triple-net leased, meaning costs and associated maintenance are pushed onto the operator. This creates plenty of cash flow for our pick.
Better still is that our pick has plenty of potential for growth. With many owner/operators looking to monetize their real estate amid the current environment, our pick has plenty of deal flow and can grow its portfolio quickly – adding instant cash flow and in-place tenants.
To make room for our new hotel owner, we’ve sold a cloud-focused technology stock from the portfolio.
