Federal Realty Trust Just Declared Its 58th Straight Annual Dividend Increase. Here's How Much $10,000 Invested Pays Annually.
The Dividend King consistently raises its dividend and also pays a high yield.
Overview
Federal Realty Investment Trust (NYSE: FRT) is the only real estate investment trust (REIT) that's a Dividend King, which means it has raised its dividend annually for at least 50 years. It's an exclusive cadre of stocks that are hyper reliable.
The REIT just raised its dividend for the 58th time consecutively. If you invest $10,000 in the stock, how much can you actually make in passive income annually?
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.