REIT with growth potential and stable dividends
In the heart of Southern California, where rapid e-commerce growth and high population density meet, lies an interesting dividend company. This company, which specializes in the acquisition and management of industrial properties, has built a strong position in a market where competition is high but opportunities are even greater.
With a portfolio of over 420 properties and a market capitalization of around $11 billion, this company is growing steadily. It offers a dividend yield of 3.3%, which is attractive to investors, especially when you look at its long history of regular dividend increases. Despite current challenges, such as a slight increase in vacancy, it has been able to maintain high occupancy and significantly increase rents. Moreover, it has recently outlined a plan for how it intends to continue to grow.
Company introduction
Rexford Industrial Realty, Inc. $REXR is a Los Angeles-based company that specializes in the acquisition, ownership and management of industrial…