Realty Income and Stag Industrial Positioned to Benefit from Falling Rates With Attractive Dividends
• Realty Income is a monthly dividend-paying REIT focused on recession-proof retailers with a 5.8% dividend yield. It has paid dividends for 28 years and raised them for 105 straight quarters.
• Realty Income recently acquired Spirit Realty, showing its growth potential. It expects 3-5% FFO growth in 2023 as interest rates fall.
• Stag Industrial is another monthly dividend-paying REIT, yielding 4%, that owns industrial properties like warehouses and manufacturing facilities.
• Stag manages risk by using triple-net leases and acquiring rather than developing properties. Its occupancy rate is 98.2%.
• Both Realty Income and Stag should benefit from falling interest rates in 2023, making their stocks and dividends more attractive.