As they say, there are riches in niches. This is true in the real estate sector. By focusing on certain property types, operators can gain scale and a knowledge base to help them succeed. Our latest Best Real Estate Dividend Stocks List pick is a prime example of this specialization in action.
Our pick was a result of a spin-off and is now the largest owner of casinos and gaming properties in the nation. The key is that our pick solely owns the buildings and doesn’t run/operate the casinos, providing a unique operating profile that reduces its risk and keeps cash flows humming long.
With plenty of sale-leaseback potential across the country and several states now looking at legalizing gambling, our pick has plenty of growth potential to support further dividend increases and earnings boosts. Even better is that the economy is starting to grind forward and people have returned to traveling.
With a specialized niche, our pick is a powerful way to increase the yield of a portfolio. Watch for it, when the stock is expected to go ex-dividend next on Thursday, June 23 (estimated date).
You can check out the Best Real Estate Dividend Stocks List to explore all the stocks.
