The Best Dividend Stocks Today Could Also Double Your Money

Analysts expect the company to grow its profits by more than 40% annually for the next five years as the use of green energy continues to explode. 

The dividend yield is right around 3%, and management has said they expect to increase that payout by around 12% to 15% per year. 

The Best Dividend Stock in Real Estate

Essential Properties Realty Trust Inc. (NYSE: EPRT) is a real estate investment trust that will play a massive role in reopening America. The REIT owns free-standing single-tenant properties whose tenants include fast food restaurants, early childhood educational companies, medical and dental offices, and convenience stores.  

Essential Properties has 1,000 properties across the United States and an occupancy rate of 99.4%. The properties are leased on a triple net basis, so tenants pay for all maintenance, insurance, and taxes. The leases are long-term in nature, and the average lease still has 14 years before it expires. 

Many of its tenants have been considered essential throughout the crisis. Ninety-seven percent of the properties are open for business, and about 90% of rents due are being collected. 

The 3% that are closed are primarily in the health and fitness, movie theaters, and entertainment industries. 

Essential Properties Trust is flush with cash as it did a large stock offering just before the pandemic arrived in the United States last year. It also raised $210 million in the third quarter, including an overnight stock offering that raised $184 million of net proceeds.  

The company has almost $600 million in liquidity, which it is using to make acquisitions at bargain prices.    

So far, it spent $149 million this quarter and another $73 million in the fourth quarter. 

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Disclaimer: Any performance results described herein are not based on actual trading of securities but are instead based on a hypothetical trading account which entered and exited the suggested ...

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