Here's Why Federal Realty Can Pay You for Years
At its current share price, Federal Realty Investment Trust (NYSE: FRT) is offering investors a 4.6% dividend yield. You could probably get a better yield with a CD from your bank. But what you'd miss out on is the opportunity for dividend growth. This mall and mixed-use landlord is the only real estate investment trust (REIT) on the Dividend Kings list. But there's more to the story here that helps explain why you can count on Federal Realty to keep paying you for years and years.
Federal Realty owns malls and mixed-use developments, a segment of the REIT sector with a fair number of significant competitors. The big difference between this company and its peers is that it only owns around 100 properties while others in the space own hundreds. There's a very different focus.
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Source Fool.com
