This Dividend Stock Yields Almost 7% and Could Double Your Money in 5 Years
EPR Properties (NYSE: EPR) is a real estate investment trust, or REIT, that focuses on experiential properties. Among the types of properties you'll find in EPR's portfolio are movie theaters, ski resorts, golf attractions, family entertainment centers, and indoor waterparks, just to name a few.
The company has grown impressively over the years, and investors have been rewarded with market-beating returns as a result. Investors receive monthly dividend payments and an attractive 6% yield. However, EPR is still in the early stages of growth and appears ready to step on the gas once again. If successful, this unique REIT could double investors' money within the next five years.
Not surprisingly, EPR was one of the hardest-hit real estate stocks when the COVID-19 pandemic started. After all, its properties rely on the ability and willingness of people to get out and experience things. At one point early in the pandemic, EPR's rent collection dropped to just 15% of its normal level.
Source Fool.com
