Federal Realty Investment Trust’s (FRT) Dividend Strategy and its Impact on REIT Dividend Stocks

Federal Realty Investment Trust (NYSE:FRT) is included among the 12 Best REIT Dividend Stocks to Buy Now.

Federal Realty Investment Trust’s (FRT) Dividend Strategy and its Impact on REIT Dividend Stocks

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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%.

While we acknowledge the potential of FRT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FRT and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None.