High Dividend Yield STORE Capital Continues to Grow Its Retail Real Estate Portfolio
After notching a total return of nearly 37% in 2019 (share price plus dividends paid), STORE Capital (NYSE: STOR) is off to another strong start in 2020. Shares of the real estate investment trust (or REIT) are up another 3% even as global stock markets sell-off due to worry over the novel coronavirus, and the fourth quarter 2019 report offered up plenty to be happy about for this commercial real estate owner.
With a strong pipeline of new acquisitions for the new year and a dividend currently yielding 3.7%, this remains one of my favorite ways to play the retail and commercial real estate industries.
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Source Fool.com
