Same-property gross revenue and net operating income declined by 6.7% and 10.8%, respectively. The first one is organic revenue growth, primarily through pricing increases. Digital Realty has been very strategic in its acquisitions. For an example of how FFO is calculated, consider the following net income-FFO reconciliation from a recent earnings release of Realty Income (O), one of the largest and most popular REIT securities. Core FFO grew 17% over last year’s quarter thanks to the sustained strength of the tenants of the REIT. Preferred Stock of REITS (Real Estate Investment Trusts) Below is a complete listing of current preferred stocks of Real Estate Investment Trusts (REITs). Its biggest claims to fame are its A-rated balance sheet (making it one of the most conservative investments in the REIT sector) and 53 straight years of growing its dividend (the longest streak among REITs) at a highly impressive CAGR of 7%. W. P. Carey reported its third-quarter earnings results on October 30th. The company’s three main selling points are its financial, portfolio, and management strength. However, Core FFO per share remained flat at $0.46 due to extensive issuance of new units. W.P. Still, this is a decent growth rate, and we expect a similar growth rate of 3%-4% annually going forward. Total fund flow is the capital inflow into an ETF minus the capital outflow from the ETF for a … In fact, one of the best methods to find high-quality dividend stocks is looking for stocks with long histories of steadily rising dividend payments. All securities have an active dividend policy and are either exchange-listed or … The company now expects $3.85 billion to $3.875 billion in revenue (up from $3.725 -$3.825 billion),$2.15 billion to $2.175 billion in Adjusted EBITDA (up from $2.10 -$2.125 billion), 85% to 86% occupancy(unchanged), $1.25 to $1.30 in net income per share (up from $1.20 to $1.25) and $6.10 to $6.15 in core funds from operations (up from $6.00 to $6.10). Preferred Stock Index has 1-year trailing total returns of 5.2% compared with 19.4% for the Russell 1000 as of November 30, 2020. Bonus: Listen to our interview with Brad Thomas on The Sure Investing Podcast about intelligent REIT investing in the below video. We expect Essex to bounce back quickly due to the premier locations in which it owns properties. For the quarter Digital Realty’s revenue came in at $1.024 billion, representing a 3% increase compared to last quarter and 27% increase compared to Q3 2019, aided by the Interxion acquisition. Cherry Hill Mortgage (NYSE:CHMI) is a residential mortgage REIT… Its asset management business has AUM of approximately $2.8 billion. REIT Stocks. Iron Mountain benefits from a high-quality business model, which continues to see steady demand. In exchange for listing as a REIT, these trusts must pay out at least 90% of their net income as dividend payments to their unitholders (REITs trade as units, not shares). Iron Mountain operates in North and Latin America, Europe and the Asia Pacific region. During the first quarter, the virus crisis did not have a meaningful impact, and the operating performance was quite solid. These stocks have positive expected rates of return over the next five years, and high dividend yields which make them appealing for income investors. It also pursues broad geographic and tenant diversification to further reduce risk. REITs give investors the ability to experience the economic benefits associated with real estate ownership without the hassle of being a landlord in the traditional sense. The S&P U.S. Thanks to its financial strength, the REIT can endure the ongoing crisis and emerge stronger whenever the pandemic subsides. REITs widely offer higher dividend yields than the average stock. Its robust cash flow generation will afford it the opportunity to continue to grow, as well as pay the dividend. Therefore, Essex earns a high place on the list due to its long dividend history of annual increases, and strong dividend growth rate. It is Manhattan’s largest office landlord, and currently owns 96 buildings totaling 41 million square feet. STAG Industrial is the only pure-play industrial REIT active across the entire domestic industrial real estate market. These qualities make it the most attractive REIT for investors looking for a combination of dividend yield, dividend growth, and dividend safety. We examine the 3 best REIT ETFs below. Digital Realty owns and develops properties for the technology industry. Realty Income is a member of the Dividend Aristocrats. Updated on January 14th, 2021 by Bob Ciura. The REITs chosen … To that end, Sure Dividend has created the following two articles: You might also be looking to create a highly customized dividend income stream to pay for life’s expenses. We expect SLG to grow its funds from operations per share at a 3.0% average annual rate over the next five years. W. P. Carey also reinstated its guidance for 2020, now forecasting FFO-per-share in a range of $4.65 to $4.75. Revenue excluding one-time items was roughly flat with the year-ago period, while the company generated growth in adjusted FFO. The following lists provide useful information on high dividend stocks and stocks that pay monthly dividends: Thanks for reading this article. Since 2012, the REIT invested more than $10 billion into new assets by either purchasing entire REITs or through single-asset/portfolio purchases. REITs are unique because they are organized as pass-thru entities - they must distribute their income to stockholders to … Furthermore, the industrial sector is typically fairly cyclical and therefore suffers during recessions. The following table is a list of publicly traded REITs and REOCs. Please send any feedback, corrections, or questions to Funds-from-operation, or FFO, increased 3% on a per-share basis to $1.15 for the quarter. Revenue declined 2.1% compared to the prior year, driven by a 12.2% decline in Service revenue, partially offset by a 3.8% increase in Storage revenue. It also has no material upcoming lease expirations or lease renewal risk and enjoys strong geographic and operator diversification (71 operators across 40 states plus the United Kingdom). Real estate investment trusts (REITs) are big issuers of Preferred Stocks and we list them below. W.P. SL Green is an integrated REIT that is focused on acquiring, managing, and maximizing the value of Manhattan commercial properties. They are willing to purchase units of those businesses in exchange for income and a peace of mind. ETFs Tracking The Indxx REIT Preferred Stock Index – ETF Fund Flow The table below includes fund flow data for all U.S. listed Highland Capital Management ETFs. See all ETFs tracking the MSCI REIT Preferred Index, including the cheapest and the most popular among them. Compare their price, performance, expenses, and more. For example, in 2017 Digital Realty purchased DuPont Fabros Technology, another tech-focused REIT. The stock has a 3.5% current dividend yield, and the company has increased its dividend for 26 consecutive years, placing it on the exclusive list of Dividend Aristocrats. This compare tool allows you to Rank Artis REIT Preferreds, based on the latest stock information available. For 2021, company management expects $375 million to $405 million in revenue growth from new leasing activity, plus another $90 million to $100 million in rent escalation. View the latest ETF prices and news for better ETF investing. Realty Income is a large-cap stock with a market capitalization above $21 billion. Almost all REIT-issued preferred stocks have a … Revenues totaled $300 million, down 2% year-over-year. Federal Realty is on the exclusive list of Dividend Kings. Furthermore, it only owns ~0.5% of the assets in its target universe, giving it an enormous growth runway. It also has a very high level of dividend safety. Omega also has an investment-grade credit rating of BBB-. Iron Mountain is not a high-growth investment trust, but it still managed to increase its cash flows per share by 3% annually since 2009. This growth has come due to the company’s strong property portfolio. Federal Realty has a long history of dividend growth which is definitely a plus, but it remains in uncertain financial position due to its heavy exposure to retail properties that have been negatively impacted by the coronavirus pandemic. The chart below arranges all REIT preferred stocks. ... minus preferred dividends –has shown robust levels of growth over the past decade. FFO is determined by taking net income and adding back various non-cash charges that are seen to artificially impair a REIT’s perceived ability to pay its dividend. The average expense ratio is 0.45%. This means that the properties are viable for many different tenants, including government services, healthcare services, and entertainment. This is not the case. Growth has been driven by several contributing factors. Performance summary for 2021 and the previous 3 years Plus, due to the defensive nature of its business and a strong performance during past recessions, we believe that W.P. Click on the name … Source: NAREIT: The Investor’s Guide to REITs. Cash flows continued to grow during the last financial crisis, resulting in a strong recession performance. List of Preferred Stock ETFs List of 4x Leveraged ETFs List of 2x Leveraged ETFs List of Leveraged Reit … Digital Realty also updated its2020 outlook. Track the movement of the 11 Sector SPDRs as well as the 500 component stocks. Based on projected FFO-per-share of $11.85 for 2020, Essex has a dividend payout ratio of approximately 70% for the full year. Carey has a highly diversified real estate property portfolio across multiple various industry groups. For the third quarter, adjusted FFO was $191.8 million, or $0.82 per share, compared with $172.5 million, or $0.76 per common share, for the same quarter in 2019. Just like earnings, FFO can be reported on a per-unit basis, giving FFO/unit – the rough equivalent of earnings-per-share for a REIT. Your goal is to establish which preferred will provide you the best returns. The company has also paused acquisitions to preserve cash in this uncertain environment. Normalized FFO-per-share declined 1.5% year-over-year to $0.61. In early November, STAG Industrial reported (11/5/20) financial results for the third quarter of fiscal 2020. From this page, you can start your research on Preferred Stocks. It also has a long history of stable dividend growth, having increased its dividend every year since 1998. These qualities allow it to perform admirably, and continue growing even in a recession. How does this affect the bottom line of REITs? Importantly, this should be sufficient to fully cover the annualized dividend payout of $4.18 per share. The company will see a negative impact from coronavirus in 2020, but it has taken aggressive action to shore up its financial position to weather the storm. About this page + View less A real estate investment trust (REIT) is a company that owns, operates or finances income-generating real estate across a range of industries. Our goal is to provide you with the information and metrics related to the Artis REIT preferreds. It is the largest brand of self-storage services in the US. As an example of its operational strength, SLG recently raised its dividend by 2.8%, and also announced a special dividend of $1.6967 per share due to its asset dispositions in 2020. Iron Mountain reported its third-quarter earnings results on November 5th. Thus, one of the primary benefits of investing in these securities is their high dividend yields. But it continues to generate positive FFO and pay dividends to shareholders, thanks to a high-quality and diversified property portfolio. 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