Previous close | 133.84 |
Open | 133.18 |
Bid | 0.00 x 800 |
Ask | 145.32 x 1000 |
Day's range | 132.46 - 134.43 |
52-week range | 125.17 - 180.37 |
Volume | |
Avg. volume | 1,328,325 |
Market cap | 14.265B |
Beta (5Y monthly) | 0.79 |
PE ratio (TTM) | 39.48 |
EPS (TTM) | N/A |
Earnings date | N/A |
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.