Fuller with a significant competitive advantage, as smaller manufacturers cannot compete with its global reach. How does this affect the bottom line of REITs? Since 2010 Digital Realty increased its FFO-per-share by an average compound rate of 7.8% per year. Emerson’s competitive advantage is in its many decades of experience in building customer relationships and engineering excellence. Just like earnings, FFO can be reported on a per-unit basis, giving FFO/unit – the rough equivalent of earnings-per-share for a REIT. Currently, there are 31 companies on the Dividend King List. The dividend payments that REIT investors receive can constitute ordinary income, capital gains, or a return on capital. This gives the REIT a size and scale advantage that competitors have difficulty matching. The stock has a 3.3% current dividend yield, and the company has increased its dividend for 26 consecutive years, placing it on the exclusive list of Dividend Aristocrats. We believe it will continue to reward shareholders with rising dividends for many years, due to its flagship tobacco brands as well as its investments in next-generation products. There are only 28 such companies in the US, and perhaps a couple more in the rest of the world. The following two lists provide useful information on high dividend stocks and stocks that pay monthly dividends: Thanks for reading this article. JEP. Federal Realty’s competitive advantages include its superior development pipeline, its focus on high-income, high-density areas and its decades of experience in running a world-class REIT. One might think that the high payout ratios of REITs would result in inferior total return performance compared to their peers (even though they have high dividend yields). Rigid Tool brand power tools sit on display for sale at a Home Depot Inc. store ... [+] in New York, U.S., on Friday, May 11, 2018. ... [+] Shares of Altria Group, the nation’s largest tobacco company, fell Thursday, April 25, 2019. Sign for the REIT Federal Realty Investment Trust on Santana Row in the Silicon Valley, San Jose, ... [+] California, December 14, 2019. Analysis Reports On All 27 Dividend Kings 3. These figures somewhat decreased in the first 20 days of October, as SLG collected 90.3% of total billings. Dividend growth investing may not be for everyone, but I am a fan. The Complete REIT Spreadsheet List contains a list of all publicly-traded Real Estate Investment Trusts. The stocks are listed in order of attractiveness based on a combination of qualitative and quantitative factors, such as future growth potential, dividend yield, and dividend safety. The current average dividend yield is about 2.5%, which is down since last month. However, STAG possesses strong regionally based asset management teams with capital projects groups that enable them to engage in value add opportunities to continue growing the portfolio and its cash flow regardless of market conditions. The combination of dividends and high earnings growth could generate strong returns to shareholders in the years to come. Altria has also invested in next-generation categories such as its $13 billion investment in Juul Labs, and its $1.8 billion investment in marijuana producer Cronos Group. Take a look at Federal Realty Investment Trust (NYSE:FRT), for instance. Adjusted earnings-per-share of $0.34 was flat from the same quarter last year. Digital Realty owns and develops properties for the technology industry. While the S&P Dividend Aristocrats Index consists of over 60 stocks, which includes companies in the S&P 500 Index that have raised their dividend for at least 25 consecutive years, there are only 31 dividend kings in 2021. Each show brings together thousands of investors to attend workshops, presentations and seminars given by the nation's top financial experts. If you thought that becoming a Dividend Aristocrat was difficult, wait until you hear what it takes to be a Dividend King. Retail King's Stock Collapses--and Bounces Along the Bottom. (Photo by Smith Collection/Gado/Getty Images), Shares of Altria Group, the nation’s largest tobacco company, fell Thursday, April 25, 2019. Carey benefited from 99% rent collection in October, fueling hopes that the worst is behind it. Real estate investment trusts – or REITs, for short – can be fantastic securities for generating meaningful portfolio income. In early November, STAG Industrial reported (11/5/20) financial results for the third quarter of fiscal 2020. Its high credit ratings allow the company to raise capital on more favorable financial terms, which is especially important in a recession. KimHeng Offshore. Its core business is its NAPA auto parts brand. Digital Realty’s dividend payout ratio (using FFO instead of earnings) is comparatively low for a REIT, projected at 73% for 2020. Each stock has increased its annual dividend 50 or more consecutive years. This is because these markets’ superior income and population characteristics, significant barriers to entry, and strong demand characteristics will drive strong long-term rent growth. So far, STAG’s key financial metrics are holding up well. One, Vectren (VVC) was acquired. The U.S. stock market has made a significant recovery in recent weeks, but multiple sectors still have depressed valuations; REITs continue to be challenged by the coronavirus crisis, but there are many attractive buying opportunities for long-term investment. The company now expects $3.85 billion to $3.875 billion in revenue (up from $3.725 -$3.825 billion),$2.15 billion to $2.175 billion in Adjusted EBITDA (up from $2.10 -$2.125 billion), 85% to 86% occupancy(unchanged), $1.25 to $1.30 in net income per share (up from $1.20 to $1.25) and $6.10 to $6.15 in core funds from operations (up from $6.00 to $6.10). The first one is organic revenue growth, primarily through pricing increases. Realty Income is a large-cap stock with a market capitalization above $21 billion. ... King Wan. Again, these are relatively modest declines, which give investors hope that the company will quickly recover once the broader economy improves. In the meantime, Altria’s legacy brands continue to generate strong profitability and growth. It has increased its dividend each year for 52 consecutive years, placing it on the exclusive list of Dividend Kings, a group of less than 30 stocks with 50+ consecutive annual dividend increases. Sometimes you will see a payout ratio of less than 90% for a REIT, and that is likely because they are using funds from operations, not net income, in the denominator for REIT payout ratios (more on that later). There are many metrics that investors can use to … However, SLG has observed improved trends lately and expects to achieve funds from operations per share of $6.60-$7.10 this year. Home Depot Inc. is scheduled to release earnings figures on May 15. Genuine Parts stock has appeal for investors looking for current yield, as well as dividend growth. Same-property gross revenue and net operating income declined by 6.7% and 10.8%, respectively. Federal Realty primarily owns shopping centers. Essex Property Trust has achieved impressive growth for several decades, on the back of the strong west coast property market. And yet, Emerson Electric continues to deliver steady profitability and annual dividend increases for its shareholders. The dividend is highly secure. The company should be able to maintain its dividend even in a recession, as consumers are not likely to give up their smartphones even in an economic downturn. But analysts still expect the company to generate FFO-per-share of $5.94 for 2020. The company also increased its quarterly dividend by 11%. As a result, Federal Realty is among our top-ranked Dividend Kings. In the most recent quarter, FFO-per-share declined 3.9% from the same quarter last year. The company’s three main selling points are its financial, portfolio, and management strength. Therefore, Essex earns a high place on the list due to its long dividend history of annual increases, and strong dividend growth rate. Federal Realty was founded in 1962. 1:03:00 – Brad talks retail REITs. In addition, its portfolio is centered in metropolitan areas with favorable long-term demand. Young mechanic analyzing car's performance with diagnostic tool in a workshop. Investors looking for the best dividend growth stocks should consider companies with the longest histories of dividend growth, explains Ben Reynolds, a contributor to MoneyShow.com and editor of the industry –leading income newsletter Sure Dividend. These companies not only survived all the stock market booms and crashes, but found a way to be profitable and pay a dividend. The company has been hit hard by the coronavirus crisis, but long-term investors will likely generate strong returns by buying at the current price. In the 2020 third quarter, SLG grew its same-store net operating income by 2% over last year’s quarter but its occupancy rate dipped from 95.0% to 94.2% and its funds from operations (FFO) per share remained flat at $1.75. Also, click on ‘Descending’ at the top of the filter window to list the REITs with the highest dividend yields at the top of the spreadsheet. We expect 12% annual EPS growth through 2025, and shares have a current dividend yield of 1.8%. Instead of buying new vehicles, consumers are increasingly having trained professionals make repairs on their cars to keep them on the road longer. Ex-Dividend Date Record Date Pay Date Amount Frequency; 12/14/2020: 12/15/2020: 12/28/2020: 0.1458: Monthly: 11/13/2020: 11/15/2020: 11/27/2020: 0.1458: Monthly: 10/14/2020 You're reading an article by Simply Safe Dividends, the makers of online portfolio tools for dividend … Digital Realty has been very strategic in its acquisitions. You are here: Home / Blog / REIT. Dividend.com: The #1 Source For Dividend Investing. A dividend king is a company that has managed to increase dividends to shareholders for at least 50 years in a row. The portfolio was 93.6% leased as of March 31, 2020, a slight dip from 94.0% occupancy in the same quarter last year. Instead of reaching for stocks with the highest dividend yields (which are typically accompanied by elevated levels of risk) investors should focus on high-quality dividend stocks, Several high-quality dividend payers can be found on the Dividend Kings list, a group of less than 30 stocks that have each raised their dividends for at least 50 consecutive years. Dividend Kings are companies that have increased their dividend payouts for at least 50 consecutive years. Therefore, we expect the company to make it through the coronavirus with its dividend intact. Genuine parts is a Dividend King with a long history of dividend increases, a high 4.5% dividend yield, and a positive long-term outlook thanks to a major growth trend. While the stock’s current yield of 1.8% is not very impressive on the surface, the company offers regular dividend increases on an annual basis which meaningfully grow shareholders’ dividend income. By analyzing the portfolios of legendary investors running multi-billion dollar investment portfolios, we are able to indirectly benefit from their million-dollar research budgets and personal investing expertise. But it remains committed to maintaining its dividend policy, which is a target dividend payout ratio of 80% of annual adjusted EPS. It has also increased its monthly dividend 109 times. The Dividend Kings list can be a good source for selecting dividend stocks. You may opt-out by. I Think They Could Make You Rich. I like the idea of receiving tax efficient payments from long-established companies with a track record of annually increasing their payments to shareholders. Mewah Intl. © 2021 Forbes Media LLC. Federal Realty is on the exclusive list of Dividend Kings. REITs are, by design, a fantastic asset class for investors looking to generate income. This acquisition meaningfully expanded the company’s international reach. Federal Realty Investment Trust is a REIT operating in the retail industry. The REIT is selling at a P/E of 12.6 and pays a trailing 12 month dividend yield of 8.44%. W. P. Carey generated FFO-per-share growth at a rate of 6% annually between 2009 and 2019, which was a very solid growth rate for a real estate investment trust. Specifically, Omega is the leader in Skilled Nursing Facilities. The company has also paused acquisitions to preserve cash in this uncertain environment. Opinions expressed by Forbes Contributors are their own. Emerson Electric was founded in 1890. Iron Mountain reported its third-quarter earnings results on November 5th. Based on projected FFO-per-share of $11.85 for 2020, Essex has a dividend payout ratio of approximately 70% for the full year. However, cost controls allowed Emerson to report a flat gross margin at 42.1%. W.P. The companies included as dividend kings on the list below focuses on … Source: Investor Presentation It recently drew $3 billion on its revolving credit facility and suspended its share buybacks. The coronavirus crisis is likely to have a negative impact on H.B. To give a better sense of financial performance and dividend safety, REITs eventually developed the financial metric funds from operations, or FFO. Search My Stocks. Source: Simply Safe Dividends Approximately 83% of Essex’s net operating income is derived from California, with the remaining 17% from Seattle. Barrick Gold: Stock With 30% Upside Potential, Valero Energy Stock To Remain Below Its Pre-Covid Peak, We Looked At How The Stock Market Might Perform If Democrats Sweep Georgia – And The Results Aren’t What You Think, Epiphany 2021: Frankincense And Myrrh Are Out, Gold And Crypto Are In. (AP Photo/Seth Wenig, File). Please send any feedback, corrections, or questions to support@suredividend.com. It is remarkable that the REIT collected 98% of its rental income in the second and third quarter. Furthermore, the industrial sector is typically fairly cyclical and therefore suffers during recessions. SLG has been significantly affected by the coronavirus crisis, which has caused a recession and thus has hurt several tenants. To that end, Sure Dividend has created the following two articles: You might also be looking to create a highly customized dividend income stream to pay for life’s expenses. The company operates three reporting segments: Construction Adhesives, Engineering Adhesives, and Hygiene, Health and Consumables Adhesives. On March 13th, 2020 Digital Realty announced that it had completed the combination of Interxion (prior ticker: INXN),a provider of cloud data centers in Europe. Tobacco is a highly recession-resistant industry. Federal Realty is a time-tested real estate investment trust with one of the most impressive dividend histories among all REITs. The company also holds significant long-term growth potential as it is a global leader in a highly fragmented industry. Premium Newsletters … The company also offers exclusive seminars-at-sea, with the investment industry's leading partners, such as Forbes. In fact, this asset class has traded at a higher dividend yield than the S&P 500 for decades. It also generates about 20% of its annual revenue from senior housing developments. This should give shareholders confidence that the dividend is safe even if the market were to enter a downturn. Iron Mountain’s focus on secure data storage sets the trust aside from competitors in the storage industry by providing a unique focus. A real estate investment trust (REIT) is a company that owns, operates or finances income-generating real estate across a range of industries. The Dividend Kings List of 2019 are U.S. stocks that that have grown their dividend for 50+ years in a row. For the quarter Digital Realty’s revenue came in at $1.024 billion, representing a 3% increase compared to last quarter and 27% increase compared to Q3 2019, aided by the Interxion acquisition. Carey will navigate the coronavirus crisis. The dividend payments that REIT investors receive can constitute ordinary income, capital gains, or a return on capital. Fuller has increased its dividend for 51 years in a row, including a recent raise in April, and will likely continue its annual dividend increases even in a severe recession. According to the company, the $50 billion adhesives market has grown at a 3.8% compound annual growth rate over the past 38 years. We expect Essex to bounce back quickly due to the premier locations in which it owns properties. It also has a long history of stable dividend growth, having increased its dividend every year since 1998. The trust owns, operates and leases more than 40,000 cell towers and 80,000 route miles of fiber across every major US market, helping it support data infrastructure across the country. We find Federal Realty to be a best-in-class REIT that should continue to increase its dividend on an annual basis, even in a recession. Federal Realty is on the exclusive list of Dividend Kings. These investments are meant to pave the way for Altria’s future, in a post-cigarette environment. In addition to the downloadable Excel sheet of all REITs, this article discusses why income investors should pay particularly close attention to this asset class. Carey has a highly diversified real estate property portfolio across multiple various industry groups. Step 1: Download the Complete REIT Excel Spreadsheet List at the link above. REIT 2010/11/08 / 0 Comments / by Staff. Try our service FREE. But because of the unprecedented environment brought by COVID-19, even some Dividend Kings could be trading at a discount. Carey. Among the actions taken, Federal Realty drew $990 million of its $1 billion revolving credit facility in March, completed a $400 million term loan, and will likely refinance the $340 million in debt maturing through year-end 2021. REITs operate in the industrial, mortgage, residential and healthcare sub industries, where they pool capital from several investors and pay out dividends from the fund’s underlying real estate holdings. This shows the profound effect that depreciation and amortization can have on the GAAP financial performance of real estate investment trusts. In late March, H.B. The company primarily invests in single-tenant retail properties, with tenants who operate in recession- and e-commerce-resistant areas of retail. The Dividend Kings are currently (as of November 30, 2020) trading at an elevated valuation of a trailing average price-to-earnings ratio of about 29.6X.This is up over two notches since last month. It also has no material upcoming lease expirations or lease renewal risk and enjoys strong geographic and operator diversification (71 operators across 40 states plus the United Kingdom). It also pursues broad geographic and tenant diversification to further reduce risk. It has increased its dividend for 64 consecutive years, and the stock has a high yield of 4.5%. However, not all the stocks in the Dividend Kings list make a great investment at any given time. As a result, Altria stock appears to be undervalued. 1:07:43 – The Dividend Kings each talk about their favorite DGI stocks. More than the vast majority of other business types, they are primarily involved in the ownership of long-lived assets. I've referred to Realty Income as the best overall dividend stock in the market, and for good reason. Dividend Aristocrats Dividend Champions Dividend Kings Dogs of the Dow Seeking Alpha 3 Reasons Why 3M Company Is A Buy September 4, 2020 November 27, 2020 Dividend Power Genuine Parts reported quarterly earnings on May 6th. This will help to eliminate any REITs with exceptionally high (and perhaps unsustainable) dividend yields. As a retail REIT, Federal Realty has been negatively impacted by the coronavirus crisis. Iron Mountain benefits from a high-quality business model, which continues to see steady demand. Final Thoughts A strong balance sheet also helps the company reach its growth objectives. Essex Property Trust has generated impressive growth over the course of its history. According to the company, Essex produced 8.4% annual FFO-per-share growth, along with 6.4% annual dividend growth since its IPO. We currently expect Realty Income to generate adjusted FFO-per-share of $3.50 for 2020. Performance Update for the Dividend Kings 2020. Iron Mountain has achieved organic revenue growth rates of ~3% in the past, and guides for organic revenue growth of 3% to 5% annually in the future. H.B. In fact, it is one of only three REITs in the S&P 500 Dividend Aristocrat Index. International Dividends; Dividend Kings; Dividend Masters; Dividend Contenders; Dividend Climbers; S&P 500; Nasdaq100; Dow Jones; Login; Join; Menu; Dividend Blog. Updated on December 9th, 2020 by Bob Ciura. In the 2019 fourth quarter, net income per unit was $0.39 per share while FFO per unit was $0.85, a sizable difference between the two metrics. That shouldn't have been a … As of March 31st, it had $1.1 billion in available liquidity through cash on hand and unused revolving credit capacity. However, the effect of the pandemic on the REIT has been limited so far thanks to the high credit profile of its tenants. The REIT operates more than 1,200 single tenant properties on a net lease basis, across the US and Northern and Western Europe. Dividend Kings List Description: The following table lists the current Dividend Kings. For a comprehensive list you can rely on for choosing your next REIT, use the Dividend Snapshot REIT Screener. All things considered, this was a relatively impressive performance for Essex, as the U.S. economy fell into a deep recession over the course of 2020. Iron Mountain is a storage and information management REIT. A dividend king is a company with a record of at least 50 years of consecutive dividend increases. At the beginning of this year, the REIT was yielding around 3.3%. In times of economic uncertainty, investors should stick to quality. You might start to hear more about the "Dividend Kings" over the next few months. Yes, I said 50 years. 10-25% Dividends; 4% Dividends; 5% Dividends; 6-7% Dividends; 8-9% Dividends; Top Dividends. In the most recent quarter, Emerson’s net sales declined 9% from the same quarter last year, as underlying sales fell 7%. The high dividend yields of REITs are due to the regulatory implications of doing business as a real estate investment trust. Keep reading this article to learn more. While Dividend Aristocrats are members of the S&P 500 that have raised their dividends annually for at least 25 straight years, Dividend Kings are an even more impressive group of … Added emphasis has been placed on dividend sustainability, which is even more important for investors to take into account during the coronavirus crisis, as it has had a particularly large impact on REITs. Vehicles at least 6 years old now represent ~70% of the U.S. vehicle fleet. This is a fairly select list as only 28 companies have successfully done so. However, it also operates in redevelopment of multi-purpose properties including retail, apartments, and condominiums. 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