CUZ - You Won't Want to Miss This Dividend Stock's Bright Future
More than 20 publicly traded real estate investment trusts (REITs) focus on owning office buildings. Because of that, it can be easy to overlook Cousins Properties (NYSE: CUZ) , which is much smaller than some of its more well-known peers. That's causing some investors to miss out on the company's attractive dividend -- it currently yields over 4% -- and bright future.
Here's why dividend investors should take a closer look at Cousins Properties.
There's a lot of uncertainty about the future of offices. Employees have grown comfortable working remotely, making it hard for their employers to coax them back to the office. Many remote workers have opted to move away from major metro areas along the coast to the warmer and cheaper cities in the Sun Belt region. Because of that, demand for office space in large urban office buildings remains muted.
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You Won't Want to Miss This Dividend Stock's Bright Future