|Bid||0.00 x 800|
|Ask||145.32 x 1000|
|Day's range||132.46 - 134.43|
|52-week range||125.17 - 180.37|
|Beta (5Y monthly)||0.79|
|PE ratio (TTM)||39.48|
|Forward dividend & yield||3.54 (2.72%)|
|Ex-dividend date||29 June 2022|
|1y target est||N/A|
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).
Camden (CPT) is well positioned to outperform the market, as it exhibits above-average growth in financials.