This 6%-Yielding Dividend Stock Is About to Get a Boost From the Biggest IPO of 2024

Lineage Logistics, a real estate investment trust (REIT) focused on cold storage facilities, is preparing to go public. It's seeking to raise up to $3.9 billion -- a$19.2 billion valuation -- making it the biggest initial public offering (IPO) of 2024 by a wide margin. It would be more than double the $1.5 billion raised by cruise operator Viking Holdings earlier this year at a$10.4 billion valuation. Lineage Logistics is the largest company focused on operating cold storage facilities. It has 482 of thes ...