💼 Interesting dividend stocks! 💼
With the tension in the markets, dividend stocks are quite interesting to me. Here are 3 interesting companies that keep raising their dividend! 📈💡
🏭 National Storage Affiliates Trust $NSA
National Storage Affiliates Trust is a real estate investment trust (REIT) that specializes in managing storage facilities. With a portfolio of more than 1,052 properties in 42 U.S. states and Puerto Rico,NSA is one of the largest players in the market. The advantage for investors is the stability that this sector brings - self-storage has proven to be a very resilient and profitable sector with less volatility compared to other real estate markets.
It currently offers a dividend yield 4,8 % and over the past five years the company has increased its dividend by 75 %. 📦
🏢 Realty Income $O
Realty Income, also known as "The Monthly Dividend Company", one of the giants with 15,450 properties in its portfolio. With a dividend yield of 5,07 % and 29 years of continuous dividend increases, Realty Income boasts a compound annual dividend growth rate of 4,3 %.
Diversification is another strength of this company - its portfolio includes more than 1,550 tenants in 90 different sectors. Around 90 % of revenue is insulated from economic downturns, making this company a stable choice even in uncertain times. 💸🏠
REIT companies like the NSA and Ojust mentioned are required to pay out at least 90 % of their income to shareholders in the form of dividends, making these companies a reliable source of passive income. With interest rates expected to fall, the cost of financing for these companies can be expected to fall, which may lead to further growth and increased demand for real estate 🔐.
🚚 United Parcel Service $UPS
Not every attractive dividend stock has to be a REIT. United Parcel Service is a global leader in package delivery and operates in more than 200 countries. A dividend yielding company 5,11 % and 15 years of continuous dividend increases, it is firmly entrenched as a trusted choice for dividend-focused investors.
Although the UPS has faced some challenges, such as declining shipping volumes following the pandemic COVID-19 and higher costs associated with last year's union contract. Shipping volumes in U.S. however, has begun to increase in second quarter after nine quarters of decline, signalling a turnaround. In addition, the UPS has committed to further share buybacks, a positive sign for investors and a signal that management is confident in future growth. If you're looking for a stable dividend yield beyond REIT sector, UPS is certainly an interesting option.📦✈️
What's your take on these dividend titles and how do you view dividend stocks overall before the interest rate cuts? Will you be moving your capital into these companies? What are your favorites?
The $O-2.4% is bright, it has a significant presence in my portfolio and the $NSA-0.6% doesn't look bad. Now I'm waiting for the Fed to cut rates.