12 Best REIT Dividend Stocks to Buy Now

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3. Federal Realty Investment Trust (NYSE:FRT)

Number of Hedge Fund Holders: 34

Federal Realty Investment Trust (NYSE:FRT) is a retail property owner and manager that includes shopping centers and mixed-use developments. Like other REITs, the company must distribute at least 90% of its taxable income to shareholders, so it’s a great option for dividend investors.

Federal Realty Investment Trust (NYSE:FRT) focuses on areas with high population density and higher-income households. This provides some protection against economic downturns as affluent communities are more resilient during recessions and inflationary periods. With a solid business model, a strong development pipeline, and growing funds from operations, the company is one of the best dividend stocks in the REIT sector.

On August 6, Federal Realty Investment Trust (NYSE:FRT) increased its quarterly dividend by 3% to $1.13 per share. This was the company’s 58th consecutive year of dividend increases. As of October 1, the stock was yielding 4.54%.

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