"The company has boosted revenue for 20 consecutive years and left no doubt in investors' minds that this streak would continue. Digital Realty Trust's Q3 results showcased 10% year-over-year revenue growth while delivering $64 million in net income, which is an improvement from $58 million in the same quarter last year. The stock offers a 3% yield and is up by 13% over the past five years."
"Stag Industrial (STAG) owns warehouses across 41 states. Its 601 buildings take up 119.2 million square feet, giving it a lot of space to rent to big tenants. Many of Stag Industrial's clients need their warehouses to stay in business and service customers in the most efficient way. It's an expense very few of Stag Industrial's clients will give up, and that results in healthy cash flow and a 95.8% occupancy rate."
Real estate investment trusts offer exposure to property sectors without direct management and typically pay higher yields than most S&P 500 stocks. Digital Realty Trust owns more than 300 data centers in 50 cities with 5,000 customers, has increased revenue for 20 consecutive years, posted 10% year-over-year Q3 revenue growth and $64 million in net income, and yields about 3%. Stag Industrial operates 601 warehouses across 41 states totaling 119.2 million square feet, maintains a 95.8% occupancy rate, grew core FFO per diluted share by 8.3% year-over-year, and yields roughly 3.88% while delivering strong margins.
Read at 24/7 Wall St.
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