Rising inflation is creating a hard-to-navigate environment for consumers and the firms that cater to them. With more money going toward essentials, most consumers have clamped down on their spending. But there is one segment where people are still opening their wallets and our latest Best Monthly Dividend Stocks List pick has continued to benefit from that trend, providing a high monthly yield to its investors!
You can check out the Best Monthly Dividend Stocks List to explore all the stocks.
Our pick is the owner of hotel and resort properties. The key word is “owner.” Our pick doesn’t oversee the operations of its properties; it leaves the fees, expenses and costs to someone else. Since our pick owns the buildings, it reaps the rental costs to run the properties. This creates a unique risk-reward situation for our pick.
Moreover, our pick has continued to expand smartly through sale-leaseback transactions, adding additional properties, in-place tenants and cash flow to its bottom line. And with the uncertain economy, many hotel operators have started to look for ways to monetize their assets – and sale leasebacks are a great way to do that.
For our pick, its ownership structure is a great play on rising resort spending without all the hassle and costs.
