Want To Defeat Inflation? Three REITs That Keep Raising Dividends
Portfolio Pulse from Ethan Roberts
The article discusses the benefits of investing in REITs for retirees to combat inflation, highlighting three REITs that have recently raised their dividends: Realty Income Corp (O), Mid-America Apartment Communities Inc. (MAA), and CubeSmart (CUBE). Realty Income Corp announced a slight increase in its monthly dividend, maintaining a high occupancy rate and a strong total return since 1995. Mid-America Apartment Communities announced a 5% increase in its quarterly dividend, marking consistent growth and a strong dividend increase history. CubeSmart announced a 4.1% increase in its quarterly dividend, continuing its record of dividend growth and a high yield since its IPO.
December 14, 2023 | 6:04 pm
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POSITIVE IMPACT
CubeSmart announced a 4.1% increase in its quarterly dividend, continuing its excellent dividend growth record and maintaining a strong payout ratio.
The increase in CubeSmart's dividend and its consistent dividend growth history suggest a positive short-term impact on the stock price, as it may draw the attention of investors looking for reliable income streams.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Mid-America Apartment Communities Inc. announced a 5% increase in its quarterly dividend, reflecting its ability to grow funds from operations and management's confidence in the future.
The dividend increase and the company's long history of dividend growth are likely to have a positive short-term impact on MAA's stock price, as it demonstrates financial health and commitment to shareholder returns.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Realty Income Corp announced a marginal increase in its monthly dividend, with a strong occupancy rate and a notable total return since 1995. The company has a history of consistent dividend increases.
The slight increase in dividend and the company's strong historical performance suggest a positive short-term impact on the stock price, as it may attract income-focused investors.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90