Is Federal Realty, the Dividend King, Missing From Your Conservative Stock Portfolio?
Real estate investment trust (REIT) Federal Realty (NYSE: FRT) doesn't operate like most of its peers, which grow by acquiring more and more properties. In fact, Federal Realty, despite a market cap of around $8 billion, only owns around 100 assets. They are very attractive assets, however. They make this stock, with an impressive 4.5% dividend yield, a buy for most conservative investors.From a top-level view, Federal Realty is a property-owning REIT. Its specific focus is on owning strip malls and mixed-use assets. The mixed-use assets are heavy on the retail side of the equation, but also include things like office space and apartments. Overall, Federal Realty has some property diversification in the mix, but it is best to consider it a retail REIT.Image source: Getty Images.Continue reading
Real estate investment trust (REIT) Federal Realty (NYSE: FRT) doesn't operate like most of its peers, which grow by acquiring more and more properties. In fact, Federal Realty, despite a market cap of around $8 billion, only owns around 100 assets. They are very attractive assets, however. They make this stock, with an impressive 4.5% dividend yield, a buy for most conservative investors.
From a top-level view, Federal Realty is a property-owning REIT. Its specific focus is on owning strip malls and mixed-use assets. The mixed-use assets are heavy on the retail side of the equation, but also include things like office space and apartments. Overall, Federal Realty has some property diversification in the mix, but it is best to consider it a retail REIT.
Image source: Getty Images.
