Embark on a thrilling journey into the realm of monthly dividend investment with a high-performing mid-cap eREIT. A stock with a compelling forward dividend yield of 6.15%, it firmly stands in the top 20% of all dividend stocks and surpasses the eREIT industry average yield of 5.4%.
Not just its yield, the 3-year dividend per share CAGR of 64% also catapults it into the top 20% echelon, testifying to its extraordinary performance. In the very near future, you can expect a forthcoming payout – an unaltered, non-qualified dividend of $0.08 per share, which went ex-dividend on June 29, slated for distribution on July 17.
Our portfolio selection process meticulously emphasizes Yield Attractiveness and Dividend Safety while also considering Returns Potential and Returns Risk, focusing solely on monthly payers.
Dive into the subsequent in-depth analysis to understand why this well-covered eREIT is a jewel in our ‘Best Monthly Dividend Stocks’ model portfolio.