Warren Buffett owns a lot of stocks, many of which pay dividends. However, his company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , only owns one real estate investment trust (REIT): STORE Capital (NYSE: STOR) . It pays a big-time dividend that currently yields 5.8%.
If you're a Warren Buffett follower and like STORE Capital's real estate-backed dividend, you'd probably also love the payouts of fellow REITs Agree Realty (NYSE: ADC) and W.P. Carey (NYSE: WPC) . Here's a closer look at these dividend stocks, which have some even more attractive features than STORE Capital.
STORE Capital focuses on owning s ingle- t enant o perational r eal e state supporting companies in the manufacturing, service-oriented retail, and service sectors. The REIT leases these buildings under long-term triple net leases, making the tenant responsible for building insurance, real estate taxes, and maintenance. That provides STORE Capital with very stable rental income to support its dividend.
For further details see:
If You Like This Warren Buffett Dividend Stock, You'll Love These 2 Stocks