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VER - Vereit Cut The Dividend But Is Still A Buy With 100% Upside
October, 21 2020 09:00 AM
VEREIT Inc.
Since cutting the dividend in May, VER stock seems to have been held back in sympathy. Rent collection has rebounded strongly to 95% for September. VER’s balance sheet is conservatively leveraged with a well-laddered maturity schedule. I rate shares a buy with 100% potential upside primarily from multiple expansion. For further details see:
Vereit Cut The Dividend But Is Still A Buy With 100% Upside
Stock Information
Company Name:
VEREIT Inc.
Stock Symbol:
VER
Market:
NYSE
Website:
vereit.com
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