Everything we do – from work to play – is up in the air these days. It seems that we are tapping server computers for more and more items. It turns out, you can’t just stick a bunch of computers in a closet and call it a day. It takes some specialized care. And our latest Real Estate Dividend Stocks List pick has the answers and a hefty 3.8% dividend yield.
Our pick doesn’t own or operate the servers/computers themselves, but the buildings and conduits in which they are housed. Your local tech company or business rents space inside our pick’s buildings to store its servers, just like renting an apartment or other space. The key is that these server farms are very specialized buildings and are expensive to operate, resulting in some pretty high rents for our pick. Better still is that these buildings often come with long-term leases and high switching costs for tenants.
The real win for our pick is that demand has only risen as cloud computing – and now edge computing – has become standard. With key locations and smart M&A potential, our pick remains a top real estate play for any portfolio.
In order to make room for our new tech-focussed real estate pick, we’ve been forced to remove a self-storage firm from the list.
You can check out the Best Real Estate Dividend Stocks List to explore all the stocks.
