The key to winning in the real estate market is all about being in the right place at the right time. With the growing industrial economy and rising online/omnichannel sales, the right place is in the industrial/commercial sector. It’s here where investors have seen the greatest rewards, and our newest Best Monthly Dividend Stocks List is a prime example.
Our pick owns a portfolio of various warehouse and office park buildings. The key to its success is that this portfolio comes with the holy grail of triple-net leases, thereby removing much of the costs associated with owning these properties and boosting our pick’s cash flows further. Adding in long-term lease contracts and a high occupancy rate equate to plenty of support for its big dividend which was never cut – even during the pandemic!
With continued growth from additional buyouts of smaller rivals and rent increases, our pick has plenty of firepower to keep its payout moving forward. The next monthly distribution comes on Thursday, May 19 when it goes ex-dividend.
To make room for this real estate stock, we had to remove a business development company from our list this week.
You can check out the Best Monthly Dividend Stocks List to explore all the stocks.