TRNO - LXP Industrial: Dividend Bargain Flying Under The Radar
2024-07-09 07:30:00 ET
Summary
- I find value in underfollowed stocks with attractive prices and high yields, like LXP Industrial.
- LXP has transitioned to an industrial REIT with strong portfolio fundamentals, strong tenant profile, and growth potential through rent escalations and new developments.
- LXP's 5.6% dividend yield, strategic market positioning, and solid balance sheet make it an attractive buy for value investors compared to more expensive peers in the industrial sector.
Dividend investing doesn’t have to be a popularity contest and sometimes, the best values can be found in underfollowed stocks that are flying under the radar for most investors....
LXP Industrial: Dividend Bargain Flying Under The Radar