Why Alexandria Real Estate May Be a Dividend Investor's Dream
In my view, the best dividend stocks have consistently strong cash flows, a dividend that grows over time, and a unique niche or business model that's both evergreen and in demand. If that sounds like a tall order, it is. But if you scour the stock market horizon carefully, sometimes you can find a stock that fills the bill.
One company I believe has many of these qualities is Alexandria Real Estate Equities (NYSE: ARE). Based in Pasadena, California, this real estate investment trust (REIT) builds and leases commercial real estate of a very special kind: laboratory space for life science research. With its rentable laboratory properties located in biomedical research hubs like Boston, it aims to capture a portion of the tremendous, ongoing growth in biotech and pharma. It's also one of my favorite dividend stocks. Let's explore why.
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Source Fool.com
