5 Best Dividend Stocks With Over 10 Years of Dividend Increases

In this article, we discuss the 5 best dividend stocks with over 10 years of dividend increases. If you want our detailed analysis of these stocks, go directly to 10 Best Dividend Stocks With Over 10 Years of Dividend Increases. 

5. Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Alexandria Real Estate Equities, Inc. (NYSE:ARE) is a California-based REIT. As of November 5, the company has a dividend yield of about 3.24%. The company has increased its dividend for 11 straight years. Last month, the company posted strong third quarter results. Its adjusted FFO per share came in at $2.13 per share, compared to the consensus estimate of $2.11. The company’s third-quarter results were helped by an increase in leasing activity and a hike in rents. Rental rate increases in the period jumped about 27.1% in the third quarter. However, it was down from 45.4% seen in the second quarter. As of the end of the second quarter, 32 hedge funds tracked by Insider Monkey reported owning stakes in the company. The total value of these stakes was about $716 million.

Here is what Baron Health Care Fund has to say about Alexandria Real Estate Equities, Inc. (NYSE:ARE) in its Q2 2022 investor letter:

“Health care related company Alexandria Real Estate Equities, Inc. is responsible for about a quarter of the relative shortfall in the period. Life sciences REIT Alexandria was the third largest detractor despite reporting strong financial results as investors grew concerned that financial duress among certain biotechnology companies could ultimately lead to rent delinquencies and less demand for Alexandria’s real estate.”