Top 5 Dividend Kings of 2021 (Part III)

3. Federal Realty Investment Trust (NYSE: FRT)

Dividend Yield: 4.69%

FRT ranks 3rd on the list of 30 dividend kings of 2021. Federal Realty is a real estate investment trust that specializes in ownership, management and redevelopment of retail and mixed-use properties located in affluent communities. The company increased its dividend in August 2020 for the 53rd consecutive year. In its Q3 results, the company said that leasing volumes are expected to rebound to pre-COVID levels. The company’s revenue in the third quarter came in at $208.2 million, versus the consensus of $206.6 million.

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