Beat the Dow Jones With This Unstoppable Dividend Stock
I try not to look at my brokerage account too often, as is advised by far wiser folks than me, but I just did. Of the 21 real estate investment trusts (REITs) that I own, only four are showing green (in this case, based on what I paid for shares in the past year or so.) The other 17 are in the red, some quite dramatically.
The greenest of the green is Agree Realty (NYSE: ADC), my single largest holding in that pack of passive income producers. At this writing, Agree stock is up about 6.7% year to date while the S&P 500 and the CRSP US REIT Index are down about 18% and 20%, respectively. This retail trust is also yielding a respectable 3.7%, more than twice that of the S&P 500, and has raised its monthly payout by an annualized 6.5% over the past three years.
Source Fool.com
