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. As a long term investor, I favour these real estate stocks with great dividend payments that continues to add value to my portfolio.
New England Realty Associates Limited Partnership (AMEX:NEN)
NEN has a wholesome dividend yield of 2.94% and pays 63.37% of it’s earnings as dividends . In the case of NEN, they have increased their dividend per share from $0.9332 to $2.13979 so in the past 10 years. To the enjoyment of shareholders, the company hasn’t missed a payment during this period. The company recorded earnings growth of 46.88% in the past year, comparing favorably with the us real estate industry average of 19.94%. More detail on New England Realty Associates Limited Partnership here.
WPT Industrial Real Estate Investment Trust (OTCPK:WPTI.F)
WPTI.F has an appealing dividend yield of 6.02% and their current payout ratio is 73.91% . The company’s yield puts it among good company – the top 25% of the market. The company outperformed the us reits industry’s earnings growth of -4.68%, reporting an EPS growth of 54.05% over the past 12 months. More detail on WPT Industrial Real Estate Investment Trust here.
Urstadt Biddle Properties Inc. (NYSE:UBA)
UBA has an alluring dividend yield of 5.12% and their payout ratio stands at 120.48% . In the case of UBA, they have increased their dividend per share from $0.95 to $1.08 so in the past 10 years. They have been dependable too, not missing a single payment in this time. Interested in Urstadt Biddle Properties? Find out more here.
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.