#3 - EPR Properties (NYSE:EPR)
Any list of dividend stocks is likely to include at least one real estate investment trust (REIT). That’s because this is a special class of companies that are legally obligated to pay out a significant portion of their earnings as a dividend. For this list, I’ve chosen EPR Properties (NYSE:EPR). This is a mid-cap company with a market cap as of this writing of just under $4 billion.
With REITs “what” and “where” matter a lot. In the case of EPR Properties the “what” is properties like theaters, amusement parks and stadiums. These are venues that have already benefited from the Covid-19 “travel revenge” movement. And, even with rising inflation, they may continue to hold up. That’s particularly true because many of these properties host destination events.
And despite the market volatility, EPR stock is up 7% for the year and has an annual dividend of $3.30 which currently works out to a dividend yield of 6.49%.
About EPR Properties
EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.
Read More - Current Price
- $43.59
- Consensus Rating
- Hold
- Ratings Breakdown
- 4 Buy Ratings, 4 Hold Ratings, 2 Sell Ratings.
- Consensus Price Target
- $48.28 (10.8% Upside)
