Got $1,000? This Exciting 6.5%-Yielding Monthly Dividend Stock Can Pay You $65 (and Growing) of Passive Income Each Year.

Core Viewpoint - EPR Properties is a specialty REIT focused on experiential real estate, offering a monthly dividend yield of 6.5% and a growing passive income stream through strategic investments and portfolio expansion [1][2][3]. Investment and Financial Performance - EPR Properties generated $4.87 per share of funds from operations (FFO) last year, with a dividend payout of$3.40 per share, resulting in a payout ratio of approximately 70% [4]. - The REIT plans to invest between $200 million and$300 million into new experiential real estate this year, with $150 million already lined up for development and redevelopment projects over the next two years [8][9]. Growth Strategy - The company is focusing on reducing its exposure to theater and educational properties while increasing rental income from other experiential property types [6]. - EPR Properties expects FFO to rise to between$4.94 and $5.14 per share this year, reflecting a 3.5% increase driven by rising rents and new investments [7]. Future Outlook - The REIT is capping its investment volume to levels it can internally fund until its cost of capital improves, but with falling interest rates and a rising stock price, it may increase investment volume in the future [10]. - EPR Properties has sufficient internal funding to support portfolio growth, cash flow, and dividend increases, making it an attractive investment for income and potential upside [11][12].