Reported about 16 hours ago
Federal Realty Investment Trust (NYSE: FRT) has impressively increased its dividend annually for 57 years, making it the longest such streak among real estate investment trusts (REITs) and earning it Dividend King status. With a diverse portfolio focusing on high-revenue markets, the REIT boasts strong occupancy rates and significant revenue growth. Its Q1 2025 results showed revenues rose to $309 million, with earnings per share increasing to $0.72. As of now, it offers a dividend yield of 4.55%, attracting investors seeking reliable passive income.
Source: YAHOO