The Smartest Dividend Stocks to Buy With $200 Right Now

Dividend stocks are not a homogeneous group. There are different ways to skin the dividend cat, so to speak. This is why some dividend investors will find Rexford Industrial (NYSE: REXR) attractive. Others will prefer Realty Income (NYSE: O). A few more adventurous souls might be more attracted to EPR Properties (NYSE: EPR). Here's a quick look at each of these high-yield dividend stocks.Real estate investment trust (REIT) Rexford Industrial, as its name implies, buys industrial properties like warehouses and factories. That's a fairly focused approach, but Rexford takes it even further. It only buys properties that are located in Southern California. If you value diversification, this probably won't be the best choice for your portfolio. But if you are fond of dividend growth, well, it is hard to argue with success. Over the past decade, Rexford Industrial's dividend has increased at an impressive annual rate of 13%. The current yield is 4.2%, which is near the highest levels in the REIT's history.There are two questions to ask here. First, why is the dividend yield so high, historically speaking? The answer is that Wall Street has cooled on the industrial property sector after getting a bit too excited about the sector's prospects coming out of the coronavirus pandemic. The second question is, how has the dividend grown so quickly? The answer is that, because of still-strong demand and the low supply of industrial properties in Southern California, Rexford has been able to raise rents at a very rapid clip. In the third quarter of 2024, for example, the average rent increase on expiring leases was a huge 39.2%.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool