Are you ready to supercharge your dividend income? Don’t miss our latest pick in the Best Monthly Dividend Stocks model portfolio, a well-covered mid-cap eREIT that is earning its stripes in the market. Offering a forward dividend yield of a whopping 6.99% – outpacing the eREIT industry average of 5.6% – this stock stands proud in the top 20% of high-yielding dividend stocks.
Despite the possibility of dividend traps in high yield stocks, this stock assures a safe and reliable dividend yield that’s grown at a stunning 30% over the last 3 years, again ranking in the top tier. It has also delivered an impressive YTD return of 25%, dwarfing the S&P 500’s 17% and the eREIT industry’s 4%.
The next payout? An unchanged $0.275 per share, which went ex-div on June 29, with a pay date of July 17.
Stay tuned for an in-depth analysis of this dividend powerhouse that combines yield attractiveness, safety, and potential returns while managing risk.
