This Stock's Monster Monthly Dividend Could Head Even Higher
EPR Properties (NYSE: EPR) has faced some stiff headwinds during the pandemic. Government-mandated shutdowns and travel restrictions had a big effect on demand for experiences, affecting companies operating movie theaters and other attractions. Because of that, many struggled to pay rent, which forced the real estate investment trust (REIT) to pause its dividend and its acquisition strategy.
However, with the pandemic's effect on society subsiding, people are enjoying experiences again. That has allowed the REIT to reinstate its monthly dividend, which currently yields about 6.5%. That monster payout could head even higher now that the REIT has also restarted its acquisition strategy.
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Source Fool.com
