This Elite Financial King Could See Payout Growth Hit 7% By 2028

Federal Realty is the only REIT to have achieved Dividend King status.Federal Realty (FRT +0.29%) is actually fairly small real estate investment trust (REIT) compared to its competitors, with a portfolio of only about 100 or so properties. Even so, this strip mall and mixed-use property owner has long focused on quality over quantity. That's allowed it to build an enviable dividend track record, with its 58 consecutive annual dividend increases, which makes it a Dividend King. That is, by far, the longest ...