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. During these times, companies such as British Land Company and LondonMetric Property generate high dividend income to shareholders. Today I will share with you my list of high-dividend real estate stocks you should consider for your portfolio.
British Land Company Plc (LSE:BLND)
BLND has a juicy dividend yield of 4.82% and the company currently pays out 48.62% of its profits as dividends , and analysts are expecting a 82.79% payout ratio in the next three years. The company’s 4.82% dividend is both above the low risk savings rate and among the markets top payers. British Land Company’s earnings per share growth of 87.72% outpaced the gb equity real estate investment trusts (reits) industry’s -21.58% average growth rate over the last year.
LondonMetric Property Plc (LSE:LMP)
LMP has an appealing dividend yield of 4.73% and their payout ratio stands at 74.46% , with the expected payout in three years hitting 90.93%. In the case of LMP, they have increased their dividend per share from £0.032 to £0.084 so in the past 10 years. The company has been a reliable payer too, not missing a payment during this time. If analysts predictions are right, LondonMetric Property has some strong earnings growth on the short-term horizon with an expected increase in EPS of 48.80% over the next 12 months.
Assura Plc (LSE:AGR)
AGR has a substantial dividend yield of 4.56% and distributes 32.14% of its earnings to shareholders as dividends , with the expected payout in three years being 95.15%. The company’s yield puts it among good company – the top 25% of the market. The company recorded earnings growth of 269.19% in the past year, comparing favorably with the gb equity real estate investment trusts (reits) industry average of -21.58%.
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.