Yahoo Finance November Real Estate Dividend Favorites – Crombie Real Estate Investment Trust And More
The real estate sector performs relatively in-line with the wider economy. Prosperous periods bring about high growth and inflation, leading to strong returns in real estate investments. These factors drive the profitability and cash flows of real estate companies, which in turn steer the dividend payout and yield for investors. During economic growth, these companies provide an opportune time to increase your portfolio income through dividends. I’ve identify the following real estate stocks paying high income, which may increase the value of your portfolio.
Crombie Real Estate Investment Trust (TSX:CRR.UN)
CRR.UN has a sumptuous dividend yield of 6.37% and pays 78.62% of it’s earnings as dividends . In the last 10 years, shareholders would have been happy to see the company increase its dividend from $0.85 to $0.89004. They have been reliable as well, ensuring that shareholders haven’t missed a payment during this 10 year period. Crombie Real Estate Investment Trust’s earnings growth over the past 12 months has exceeded the ca equity real estate investment trusts (reits) industry, with the company reporting an EPS growth of 56.26% while the industry totaled 5.17%.
Pure Industrial Real Estate Trust (TSX:AAR.UN)
AAR.UN has a sumptuous dividend yield of 4.62% and their payout ratio stands at 28.33% , with analysts expecting a 53.63% payout in the next three years. The company’s dividends per share have risen from $0.3 to $0.312 over the last 10 years. Much to the delight of shareholders, the company has not missed a payment during this time. Pure Industrial Real Estate Trust’s performance over the last 12 months beat the ca equity real estate investment trusts (reits) industry, with the company reporting 140.70% EPS growth compared to its industry’s figure of 5.17%.
Dream Office Real Estate Investment Trust (TSX:D.UN)
D.UN has a enticing dividend yield of 4.65% and a reasonably sustainable dividend payout ratio , with the expected payout in three years hitting 75.30%. Although D.UN have been a reliable payer, there has been no increase in the past 10 years. In the last 12 months, Dream Office Real Estate Investment Trust has experienced an earnings growth of 88.54%.
For more solid dividend payers to add to your portfolio, you can use our free platform to explore our interactive list of top dividend payers.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
