- Spirit Realty Capital has a juicy dividend yield of 5.6%.
- The company has invested significant amounts into industrial real estate over the last couple years.
- The company has significant exposure (~20%) to Texas and Florida, which is a positive in my mind.
- I expect double digit returns moving forward from an interesting combination of income, FFO/share growth, and multiple expansion.
- I mention a couple alternatives that I prefer for their superior dividend growth.
For further details see:
Spirit Realty Capital: Attractive, But Not As Attractive As The Alternatives