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@kewur 3 months ago

Three REITs with strong dividend growth potential

Three REITs with strong dividend growth potential

Some REITs have been crushing it on dividend growth. Extra Space Storage (EXR) has hiked its dividend by 110% over the past decade, with a current yield over 6%. Realty Income (O) has raised its dividend for 112 straight quarters, sitting at a 5.7% yield. Rexford Industrial (REXR) has grown its dividend 15% annually for five years and yields 4.2%. All three have strong balance sheets and seem set up to keep increasing payouts. REITs like these are the backbone of a long-term dividend portfolio.
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