2 Under-the-Radar Dividend Stocks You Won't Want to Overlook
Some stocks offer investors the best of both worlds: They pay an above-average dividend and grow at an attractive rate. Those dual growth drivers can help them deliver impressive total returns.
Terreno Realty (NYSE: TRNO) and First Industrial Realty (NYSE: FR) are two dividend stocks that have been exceptional over the past decade. However, because they're real estate investment trusts (REITs), many growth-focused investors haven't heard of them. Here's why you won't want to miss what these dividend-paying REITs offer.
Terreno Realty is an industrial REIT focused on owning logistics-related properties in six major coastal markets. That concentrated strategy has paid big dividends for its investors over the years. Terreno has produced a nearly 350% total return over the last decade, about 16.2% annualized, making it one of the top-performing REITs. That was significantly higher than the S&P 500's 240% (13% annualized) total return.
Source Fool.com
