Dividends4life Blog | Safe 6% Yield and Upside Make This Under-the-Radar Stock a Buy | Talkmarkets
Bringing you the latest in Dividend Stocks News

My entire career has been spent in industry within the finance and accounting realm. My career started in 1985 and has included exposure to implementing SFASs; business and financial analysis; mergers and acquisitions; designing and implementing financial systems; and regulatory reporting. ... more

Safe 6% Yield and Upside Make This Under-the-Radar Stock a Buy

Date: Sunday, October 7, 2018 10:33 PM EST

A safe yield and solid growth prospects are a must for any investor in real estate investment trusts -- and this company not only has these qualities but it's much cheaper than rivals. Here's why it's an attractive purchase today.

For the last year and a half, investors have seriously discounted Spirit Realty. The company used to own a series of stores leased to Shopko, a physical retailer suffering some tougher times. But in a bid to move these assets off its own balance sheet, the company spun them out to investors as Spirit MTA (NYSE:SMTA). The spinoff company also includes other "workout assets," those that the company may monetize in the future. Instead of owning those properties directly, now Spirit Realty takes a management fee.

Source: Motley Fool

Disclaimer: This and other personal blog posts are not reviewed, monitored or endorsed by TalkMarkets. The content is solely the view of the author and TalkMarkets is not responsible for the content of this post in any way. Our curated content which is handpicked by our editorial team may be viewed here.


Leave a comment to automatically be entered into our contest to win a free Echo Show.