Worried About a Recession? This Unstoppable Dividend Stock Has Paid Investors a Growing Passive Income Stream in Each of the Past 4 Downturns.
The stock market has taken a tumble in recent weeks due to concerns that we could be heading for a recession. Economic downturns can be difficult times for companies because they can impact their profitability. That forces them to cut expenses, which can include their dividend payments. A dividend cut isn't something investors in Federal Realty Investment Trust (NYSE: FRT) will need to worry about. The real estate investment trust (REIT) has increased its dividend payment during each of the past four recessions. Because of that, it has an unbroken streak of 57 straight years of dividend growth, which is the longest in the REIT industry. Federal Realty Investment Trust has a very simple investment strategy. The REIT owns, manages, and develops/redevelops mixed-use properties and high-quality open-air shopping centers across nine metro areas. It concentrates on owning properties in first-ring suburban locations with dense populations of highly affluent consumers. Continue reading
The stock market has taken a tumble in recent weeks due to concerns that we could be heading for a recession. Economic downturns can be difficult times for companies because they can impact their profitability. That forces them to cut expenses, which can include their dividend payments.
A dividend cut isn't something investors in Federal Realty Investment Trust (NYSE: FRT) will need to worry about. The real estate investment trust (REIT) has increased its dividend payment during each of the past four recessions. Because of that, it has an unbroken streak of 57 straight years of dividend growth, which is the longest in the REIT industry.
Federal Realty Investment Trust has a very simple investment strategy. The REIT owns, manages, and develops/redevelops mixed-use properties and high-quality open-air shopping centers across nine metro areas. It concentrates on owning properties in first-ring suburban locations with dense populations of highly affluent consumers.
