|Bid||129.65 x 800|
|Ask||141.79 x 800|
|Day's range||132.21 - 136.16|
|52-week range||125.17 - 180.37|
|Beta (5Y monthly)||0.79|
|PE ratio (TTM)||39.65|
|Earnings date||27 July 2022 - 01 Aug 2022|
|Forward dividend & yield||3.54 (2.72%)|
|Ex-dividend date||29 June 2022|
|1y target est||168.16|
There's an old saying in real estate that the three most important factors for success are location, location, and location. While that's true for residential real estate, a commercial property needs more than a good location to succeed. Three real estate investment trusts (REITs) focused on property types benefiting from strong long-term demand tailwinds are Camden Property Trust (NYSE: CPT), Invitation Homes (NYSE: INVH), and Prologis (NYSE: PLD).
All REITs have that payout obligation. There are 25 REITs in the S&P 500, so plenty to choose from. After narrowing that down, I chose two REITs I already own -- Alexandria Real Estate Equities (NYSE: ARE) and Crown Castle International (NYSE: CCI) -- and a third I'm considering adding, Camden Property Trust (NYSE: CPT).
HOUSTON, June 15, 2022--The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (the "Company") declared a second quarter cash dividend of $0.94 per share to holders of record as of June 30, 2022 of its Common Shares of Beneficial Interest. The dividend is to be paid on July 15, 2022.