Performance in the real estate sector generally tracks the economic cycle. During periods of high growth and inflation, real estate investments usually post strong returns. However, during an economic bust, these investments tend to underperform. 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. Below is my list of huge dividend-paying stocks in the real estate industry that continues to add value to my portfolio holdings.
New England Realty Associates Limited Partnership (AMEX:NEN)
NEN has a nice dividend yield of 3.05% and pays out 63.37% of its profit as dividends . The company’s DPS have increased from US$0.93 to US$2.14 over the last 10 years. Much to the delight of shareholders, the company has not missed a payment during this time. New England Realty Associates Limited Partnership’s earnings per share growth of 40.14% outpaced the us real estate industry’s 21.93% average growth rate over the last year. Dig deeper into New England Realty Associates Limited Partnership here.
Urstadt Biddle Properties Inc. (NYSE:UBA)
UBA has a enticing dividend yield of 5.57% and is distributing 113.58% of earnings as dividends . The company’s DPS have increased from US$0.95 to US$1.08 over the last 10 years. During this period, they haven’t missed a payment, as one would expect from a company increasing their dividend. The company outperformed the us reits industry’s earnings growth of 4.79%, reporting an EPS growth of 77.29% over the past 12 months. Dig deeper into Urstadt Biddle Properties here.
American Campus Communities, Inc. (NYSE:ACC)
ACC has an appealing dividend yield of 4.66% with a generous payout ratio . The company’s dividends per share have risen from US$1.35 to US$1.76 over the last 10 years. It should comfort existing and potential future shareholders to know that ACC hasn’t missed a payment during this time. Over the next 12 months, analysts are predicting double digit earnings growth of 39.59%. More detail on American Campus Communities here.
For more solid dividend paying companies to add to your portfolio, explore this 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.