2024-04-15 08:34:21 ET
Summary
- Whitestone REIT is experiencing growth in its FFO and occupancy, with a projected double-digit growth rate in FFO for 2024.
- The trust solidly covers its dividend with FFO and recently raised its dividend by 3%, making it an attractive investment for passive income investors.
- Whitestone REIT's concentrated real estate footprint in economically vibrant markets provides potential for above-average FFO growth.
Whitestone REIT (NYSE: WSR ) is a promising passive income investment as the real estate investment trust is growing its FFO related to its concentrated real estate footprint....
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Whitestone REIT: A Concentrated REIT With A 4.4% Yield