The old real estate adage says “location, location, location,” but if you own ALL the locations, you sit even better. That’s the case for our latest Best Real Estate Dividend Stocks List pick. Diversity and size make it a formidable portfolio position.
With over 1,000 global properties under its belt, our pick is a cash flow machine. The win comes from its focus on single tenant, net-leased buildings, pushing much of its costs associated with the property onto the tenants; therefore, keeping cash flows running high.
Better still is that our pick has plenty of room to grow further. The firm is a specialist in the so-called sale-leaseback transaction, allowing it to grab new properties that already have a tenant in-place. This provides plenty of cash flow strength and continued dividend growth.
The firm also managed to grow its dividend for more than 20 years straight, with the latest jump being 0.2%. Investors should watch for the stock when it goes ex-dividend next on Wednesday, June 29.
You can check out the Best Real Estate Dividend Stocks List to explore all the stocks.
