Meet the Only REIT That's a Dividend King -- and It's On Sale Again
Relative to the broader stock market, Dividend Kings are a very tiny group. A company becomes a Dividend King after increasing its dividend annually for 50 consecutive years. That doesn't happen by accident: It requires a good business model that's executed well in any economic cycle. Here's the only real estate investment trust (REIT) to have achieved this feat -- while yielding 4.7% today. The only Dividend King REIT Federal Realty owns strip malls and mixed-use developments, which usually include retail, ...