|Bid||67.74 x 1000|
|Ask||68.49 x 800|
|Day's range||66.98 - 68.23|
|52-week range||56.46 - 72.55|
|Beta (5Y monthly)||0.80|
|PE ratio (TTM)||53.56|
|Earnings date||22 Feb 2022|
|Forward dividend & yield||2.96 (4.36%)|
|Ex-dividend date||31 Jan 2022|
|1y target est||79.00|
Identifying great companies and then sticking with them is the key to building wealth through this economic cycle and any other, and real estate investing has a lot to offer. This is where real estate investment trusts (REITs) come in. Most REITs own and operate income-producing properties and pass the vast majority of their taxable income and tax liability on to shareholders.
Because of that, dividend growth stocks can help investors compound their wealth, enabling them to grow a small initial investment into a much larger nest egg over time. Two companies with a history of dividend growth are Realty Income (NYSE: O) and Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP). Realty Income's strategy is to invest in net lease real estate (properties secured by leases where the tenant is responsible for real estate taxes, maintenance, and building insurance) because they deliver dependable rental income.
These three stocks, which trade for less than $100 a share, have businesses with stable growth and offer above-average dividends.