S - Is Stag Industrial the Best Dividend Stock for You?
2023-12-12 05:15:00 ET
Owning and managing real estate provides a great opportunity to earn passive income. But not everyone wants to be a landlord. Those looking for an alternative might want to consider a real estate investment trust. Buy their stock and these companies are required by law to share their profits with you.
Stag Industrial (NYSE: Stag) provides a great example of how a real estate investment trust (REIT) lets investors in on the real estate opportunities out there. It rents out single-tenant industrial properties, something most people would never have the opportunity to do by themselves. Because of its tax structure, a REIT must pay at least 90% of its taxable income to shareholders as dividends, making it a great option for those seeking income from their investments.
But is it the best dividend stock for you? Here are some reasons it could be.
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Is Stag Industrial the Best Dividend Stock for You?