Discover How Federal Realty Continues to Thrive as a Dividend King With Innovative Property Upgrades

Federal Realty (NYSE: FRT) stands alone among real estate investment trusts (REITs) as a Dividend King. This highly elite group of companies has increased their dividends for at least 50 years. Add in a well-above-market dividend yield of 4.9%, and income investors should be very interested in this high-yield REIT.But the real story is how Federal Realty managed the feat of becoming a Dividend King. Here's one key aspect of the company's approach you need to understand before you buy it.From a big-picture perspective, Federal Realty's business is centered around owning retail properties. Most of those properties are in strip malls, but it also owns retail-focused mixed use developments. Roughly 80% of the properties it owns have a grocery store component. So far this is all retail 101, since grocery stores generate repeat visits which, in turn, attract other tenants to Federal Realty's properties.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool