I recently got to interview an insider of STAG Industrial (STAG), which is a monthly dividend stock. STAG is a popular monthly paying dividend stock and a lot of investors include it in their dividend portfolio. But is it still one of the best dividend stocks for 2023? Are Realty Income (O Stock), Prologis (PLD Stock), or W.P Carey (WPC Stock) better options? I asked the REIT executive if now would be a good time to buy or sell $STAG Stock. You can access my entire REIT Portfolio by taking a 2-week free trial to my REIT newsletter, High Yield Landlord: https://seekingalpha.com/checkout?service_id=mp_1268
STAG Industrial is one of my favorite monthly dividend stocks. It is an industrial REIT that pays a monthly dividend. It has historically grown its dividend at a slow pace and as a result, the market has priced at a large discount to peers like Prologis (PLD). But its FFO growth has recently accelerated, its payout ratio is now lower, and so it may hike its dividend at a faster pace in the future. Is STAG a good stock to buy now? Is it one of the best REITs for 2023? Is it a good REIT for a dividend growth portfolio? Or are there hidden issues and should you sell before it potentially cuts its dividend? I answer these questions in this STAG Properties stock analysis and review.
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Image sources: NAREIT, YCHARTS, EPRA, STAG, Canva
Important Disclaimer: Leonberg Capital holds positions in O, WPC, and STAG. This video is impersonal and does not provide individualized advice or recommendations for any specific person. Viewers/readers should not make any investment decision without conducting their own due diligence and consulting their financial advisor about their specific situation. This video is for entertainment purposes only and you are responsible for your own investment decisions. The information is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. The opinions expressed are those of the publisher and are subject to change without notice. This YouTube channel is managed by Leonberg Research OÜ, a subsidiary of Leonberg Capital OÜ.
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