Real Estate Investment Trusts

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W.P. Carey Announces Dividend Rise: Is the Hike Sustainable?
ZACKS· 2025-06-13 17:16
Key Takeaways WPC increased its quarterly dividend by 1.1%, now paying 90 cents per share. Nearly all base rent stems from leases with contractual hikes, boosting cash flow stability. WPC holds $2B in liquidity and has repaid half of debt maturing through 2026.W.P. Carey (WPC) recently announced a 1.1% hike to its dividend. WPC will now pay a quarterly cash dividend of 90 cents per share, up from 89 cents paid in the prior quarter. The increased amount will be paid out on July 15 to shareholders on record ...
VICI Properties Rises 12.7% Year to Date: Should You Buy or Sell?
ZACKS· 2025-06-13 16:56
Core Viewpoint - VICI Properties Inc. has demonstrated strong stock performance with a year-to-date gain of 12.7%, surpassing both the Zacks REIT and Equity Trust - Other industry growth of 5.5% and the S&P 500 composite's 2.8% increase [1] Financial Performance - In Q1 2025, VICI reported continued benefits from expansion efforts and strategic investments, including a $510 million development fund agreement for the North Fork Mono Casino & Resort [2] - The company has a solid dividend yield of 5.5% and has achieved a 7.4% compounded annualized dividend growth rate since 2018, outperforming many peers [7][8] - VICI's adjusted EBITDA has expanded by 365% since its inception in 2017, indicating significant growth beyond gaming properties [12] Portfolio and Stability - VICI owns a diverse portfolio of 54 gaming and 39 experiential assets across the U.S. and Canada, secured by long-term triple-net leases with an average lease term of 40.7 years and a 100% occupancy rate [10] - The company expects a rent toll of 42% with CPI-linked escalation in 2025, projected to rise to 90% by 2035, enhancing revenue growth in inflationary environments [11] - 74% of VICI's rent roll comes from S&P 500 tenants, contributing to income stability and creditworthiness [11] Valuation and Market Position - VICI Properties is trading at a forward 12-month price-to-FFO of 13.68X, below the REIT-Other industry average of 15.73X, indicating a potentially undervalued position [19] - The stock is considered appealing for investment due to its compelling dividend payout, high-quality portfolio, and disciplined expansion strategy [22][23]
Easterly Government Properties: Attractive Entry Point
Seeking Alpha· 2025-06-13 13:15
Core Viewpoint - Easterly Government Properties, Inc. (NYSE: DEA) has cut its distribution by 32% over the past year, confirming previous concerns about the sustainability of its distributions [1]. Company Summary - The REIT's aggressive distribution strategy was previously highlighted as a potential risk, which has now materialized with the significant cut [1].
Omega Healthcare: This Period Of Consolidation Is An Opportunity For This High-Yielding REIT
Seeking Alpha· 2025-06-13 12:00
Group 1 - The focus is on growth and dividend income as a strategy for retirement planning [1] - The portfolio is structured to generate monthly dividend income that grows through reinvestment and annual increases [1] Group 2 - The article expresses personal opinions and is not intended as investment advice [2][3] - It emphasizes the importance of conducting personal research before making investment decisions [2]
Phillips Edison & Company Announces Pricing of Offering of $350 Million Aggregate Principal Amount of 5.250% Senior Unsecured Notes Due 2032
Globenewswire· 2025-06-13 11:30
Core Viewpoint - Phillips Edison & Company, Inc. (PECO) has announced a public offering of $350 million in senior unsecured notes with a 5.250% interest rate, maturing in 2032, to support various corporate purposes [1][2]. Group 1: Offering Details - The public offering is priced at 99.832% of the principal amount and is expected to settle on June 17, 2025, pending customary closing conditions [1]. - The notes will be fully and unconditionally guaranteed by PECO [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes, including repaying borrowings, acquiring additional properties, capital expenditures, and property improvements [2]. Group 3: Underwriters - The offering is managed by a consortium of financial institutions including J.P. Morgan, Fifth Third Securities, and Morgan Stanley, among others [3]. Group 4: Company Overview - PECO is one of the largest owners and operators of grocery-anchored neighborhood shopping centers in the U.S., managing 321 shopping centers as of March 31, 2025, with a total of 33.5 million square feet across 31 states [6]. - The company focuses on providing necessity-based goods and services through a mix of national and regional retailers, with top grocery anchors including Kroger and Publix [6].
Safehold Declares Second Quarter 2025 Common Stock Dividend
Prnewswire· 2025-06-13 11:30
Core Points - Safehold Inc. has declared a common stock dividend of $0.177 per share for Q2 2025, which annualizes to $0.708 per share, payable on July 15, 2025, to shareholders of record on June 30, 2025 [1] Company Overview - Safehold Inc. is transforming real estate ownership by offering a new method for owners to unlock the value of land beneath their buildings, having established the modern ground lease industry in 2017 [2] - The company assists owners of high-quality properties, including multifamily, office, industrial, hospitality, student housing, life science, and mixed-use, in generating higher returns with reduced risk [2] - As a real estate investment trust (REIT), Safehold aims to provide safe, growing income and long-term capital appreciation to its shareholders [2]
Advanced Flower Capital Announces Dividend for the Second Quarter 2025
Globenewswire· 2025-06-13 11:30
WEST PALM BEACH, Fla., June 13, 2025 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (Nasdaq: AFCG) (“AFC” or the “Company”) today announced its dividend for the quarter ending June 30, 2025. The Board of Directors of AFC declared a quarterly dividend of $0.15 per outstanding share of common stock for the quarter ending June 30, 2025. The dividend is payable on July 15, 2025 to the common stockholders of record on June 30, 2025. The Board of Directors evaluates the Company’s Distributable Earnings (as defi ...
W. P. Carey Increases Quarterly Dividend to $0.900 per Share
Prnewswire· 2025-06-12 20:30
Company Overview - W. P. Carey Inc. is one of the largest net lease REITs with a diversified portfolio of high-quality, operationally critical commercial real estate [2] - As of March 31, 2025, the company owns 1,614 net lease properties covering approximately 177 million square feet and 78 self-storage operating properties [2] - The company focuses on investing primarily in single-tenant, industrial, warehouse, and retail properties located in the U.S. and Northern and Western Europe [2] Dividend Announcement - The Board of Directors of W. P. Carey Inc. has increased its quarterly cash dividend to $0.900 per share, which translates to an annualized dividend rate of $3.60 per share [1] - This dividend is payable on July 15, 2025, to stockholders of record as of June 30, 2025 [1]
New York Mortgage Trust Declares Second Quarter 2025 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends
GlobeNewswire News Room· 2025-06-12 20:10
Core Points - New York Mortgage Trust, Inc. declared a regular quarterly cash dividend of $0.20 per share for the quarter ending June 30, 2025, payable on July 30, 2025, to stockholders of record as of June 23, 2025 [1] - The Board also declared cash dividends for its preferred stock series, including Series D, E, F, and G, with payment dates set for July 15, 2025 [2][3] Dividend Details - The cash dividends for the preferred stock series are as follows: - Series D: $0.50 per share - Series E: $0.6917713 per share - Series F: $0.4296875 per share - Series G: $0.4375 per share - All preferred stock dividends are for the period from April 15, 2025, to July 14, 2025, with a record date of July 1, 2025 [3] Company Overview - New York Mortgage Trust, Inc. is a Maryland corporation that operates as a real estate investment trust (REIT), focusing on acquiring, investing in, financing, and managing primarily mortgage-related single-family and multi-family residential assets [4]
AGNC Investment Corp. Declares Monthly Common Stock Dividend of $0.12 per Common Share for June 2025
Prnewswire· 2025-06-12 20:01
BETHESDA, Md., June 12, 2025 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) announced today that its Board of Directors has declared a cash dividend of $0.12 per share of common stock for June 2025. The dividend is payable on July 10, 2025 to common stockholders of record as of June 30, 2025.For further information or questions, please contact Investor Relations at (301) 968-9300 or [email protected].ABOUT AGNC INVESTMENT CORP.Founded in 2008, AGNC Investment Corp. (Nasdaq: AGNC) is a leading investor ...