All It Takes Is $15,182 Invested in This High-Yield Dividend Stock to Generate Over $1,000 in Yearly Dividends
The monthly dividend adds to the appeal of this real estate investment trust.
Overview
EPR Properties (NYSE: EPR) is a company focused on properties designed for experiential and educational purposes. One of the benefits of owning its stock has been its dividend, which has increased for four consecutive years.
EPR is a real estate investment trust (REIT), which means it must pay out at least 90% of its taxable net income as dividends to retain that status. That makes it highly likely that payouts will continue. As the dividend has become more generous, it might surprise investors how little it takes to generate more than $1,000 in annual dividends in this stock.
Details
Working with whole shares, 269 shares purchased for $15,182 will generate $1,001 in annual dividends.
Source
Originally published at www.fool.com.