Why I Keep Piling In to This Terrific Passive-Income Stock
My top financial goal is to become financially independent. I'm working toward achieving that aim by growing my passive income to match my expenses. The centerpiece of my strategy is investing in stocks that I believe pay sustainable and growing dividends.
I regularly put my money to work generating income and recently bought a few more shares of Stag Industrial (NYSE: STAG). Here's why I continue piling into the industrial REIT, which has become an excellent passive income producer.
Stag Industrial owns over 550 warehouses and light manufacturing facilities across the U.S. It leases these operationally critical facilities to tenants under long-term contracts. Those leases supply the REIT with steady income.
Source Fool.com
STAG Industrial Inc. Aktie
37,98 €
0,85 %
Leichtes Buy-Überwiegen bei STAG Industrial Inc. im Vergleich zu Sell-Einschätzungen.
Die STAG Industrial Inc. Aktie hat ihr Community-Kursziel von 38 € erreicht, mit einem aktuellen Kurs von 37.98 €.
