While online shopping and e-Commerce is hurting your local mall, it’s having the opposite effect for warehouse owners – it’s actually boosting their fortunes. With continued online shopping demand only expected to grow further and as more retailers turn towards omnichannel solutions, demand for warehouses is expected to increase exponentially. Our newest Best Monthly Dividend Stocks List pick is ready to benefit.
Our pick is a big owner of warehouses throughout key corridors of the country. The key win is that our focus is on triple-net-leased properties to single tenants. This focus provides steady cash flows and high dividends.
Watch for when the stock goes ex-dividend on Wednesday, March 30th.
In order to make room for this warehouse stock pick, we had to remove a mortgage REIT from our list this week.
You can check out the Best Monthly Dividend Stocks List to explore all the stocks.
