Tag: REIT
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NNN REIT (NNN) hikes dividend by 2.7%, its 34th annual increase
The Board of Directors of NNN REIT, Inc. (NYSE: NNN), a real estateinvestment trust, today announced a quarterly dividend of 56.5 cents per share payable August 15, 2023 to shareholders of record as of July 31, 2023. The 2.7% increase in the quarterly dividend marks NNN’s 34th consecutive annual dividend increase. NNN is one of…
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Is now a good time to buy W.P. Carey? $WPC
If you’re interested in a solid company that pays over a 6% dividend yield then the answer is yes. It might be an especially good time to buy stock in this REIT given it’s recent 20% slump in stock price. Despite a the recent slump in share price, the company’s dividend yield has surpassed 6%…
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W.P. Carey (WPC) increases dividend by 0.2%
This falls in the any increase is better than no increase category. W. P. Carey Inc. (W. P. Carey, NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.069 per share, equivalent to an annualized dividend rate of $4.28 per share. The dividend is payable on July 14, 2023…
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Realty Income (O) increases dividend by 0.2%, it’s 121st annual increase
It ain’t nuttin… but it’s close to it. Regardless I’d rather see any increase than none at all. All kidding aside, Realty Income has a healthy 5% dividend yield so it’s still a quality dividend stock with a great track record. Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced its…
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KKR Real Estate Finance Trust (KREF) dividend at risk
KKR Real Estate Finance Trust (KREF), a commercial mortgage REIT, is encountering difficulties due to its office loan exposures. Recent financial filings have raised concerns about dividend safety and future performance. KREF owns a diverse portfolio of $8 billion in loans secured by multifamily, office, industrial, life science, and hospitality properties. It employs a mix…
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Arbor Realty Trust (ABR) increases dividend by 5%
Arbor Realty Trust, Inc. (NYSE: ABR), today announced financial results for the first quarter ended March 31, 2023. Arbor reported net income for the quarter of $84.3 million, or $0.46 per diluted common share, compared to net income of $64.1 million, or $0.40 per diluted common share for the quarter ended March 31, 2022. Distributable earnings for the quarter was $122.2 million, or $0.62 per diluted common…