Why I Will Continue to Buy This 7.5%-Yielding Dividend Stock Well Into the New Bull Market and Beyond
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EPR Properties is a REIT that owns experiential properties like movie theaters, TopGolf, and waterparks. It pays a 7.5% dividend yield.
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EPR sees a $100 billion opportunity to acquire new experiential properties like casinos, museums, and live venues.
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A bull market could improve EPR's cost of capital and help its tenants like movie theaters recover.
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EPR aims to diversify away from its large movie theater exposure over time.
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Since 1997, EPR has delivered 13x the S&P 500's return through recessions and rising rates, showing strong management.