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National Storage - Government Trades

National Storage

National Storage Affiliates Trust Trust is a real estate investment trust. The company owns, operates, and acquires self-storage properties located within the metropolitan statistical areas throughout the United States. With the help of property management platform, the company manages and controls the day-to-day operations and affairs of consolidated properties and unconsolidated real estate ventures under the iStorage, SecurCare, Northwest and Move It brands.

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Top 4 Real Estate Stocks That May Plunge This Month

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These REITs Yield Up To 5.8% and Have Long Track Records of Dividend Growth

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These Self-Storage REITs Yield Up to 6.3% and Have Track Records of Dividend Growth

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2 Quality REITs With Dividend Yields of 6% to Buy Today

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During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a  high dividend payout. 

Wall Street&#39;s Most Accurate Analysts Say Sell These 3 Real Estate Stocks Delivering High-Dividend Yields

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National Storage Affiliates Trust Common Shares of Beneficial Interest

National Storage Affiliates Trust

NISSAN MOTOR LTD by Nissan Motor Co., Ltd.

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NSTAR ELECTRIC CO 4.78 PR by NSTAR Electric Co.

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NET SAVINGS LINK INC by Net Savings Link, Inc.

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National Storage Affiliates Trust 6.000% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest (Liquidation Preference $25.00 per share)

National Storage Affiliates Trust 6.000% Series B Cumulative Redeemable Preferred Shares of Beneficial Interest

As of June 17, 2024, four stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">Essex Property Trust Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>)</h3>
<ul>
<li>On June 14, Scotiabank analyst Nicholas Yulico maintained Essex Property Trust with a Sector Outperform and raised the price target from $283 to $285. The company's stock gained around 4% over the past five days and has a <a href="https://www.benzinga.com/quote/ESS">52-week high of $279.09</a>.</li>
<li>RSI Value: 71.28&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>ESS Price Action: Shares of Essex Property Trust rose 1.2% to close at $278.50 on Friday.</li>
</ul>
<h3 class="wp-block-heading">InnSuites Hospitality Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IHT#NYSE">IHT</a>)</h3>
<ul>
<li>On Jan. 8, InnSuites Hospitality Trust announced a semi-annual dividend of 1 cent per share after clocking December revenue of $0.52 million. The company's stock gained around 31% over the past month and <a href="https://www.benzinga.com/quote/IHT">has a 52-week high</a> of $3.62.</li>
<li>RSI Value: 78.37</li>
<li>IHT Price Action: Shares of InnSuites Hospitality Trust fell 2.2% to close at $1.75 on Friday.</li>
</ul>
<h3 class="wp-block-heading">Iron Mountain Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IRM#NYSE">IRM</a>)</h3>
<ul>
<li>On May 2, the company, under the helm of CEO William Meaney, reported first-quarter adjusted earnings per share of 43 cents. Quarterly revenue of $1.477 billion, beating the street view of $1.453 billion. Iron Mountain declared a quarterly cash dividend of 65 cents per share for the second quarter, which is payable on July 5, 2024, for shareholders of record on June 17, 2024. The company's stock gained around 7% over the past month and has a <a href="https://www.benzinga.com/quote/IRM">52-week high</a> of $89.91.</li>
<li>RSI Value: 74.06</li>
<li>IRM Price Action: Shares of Iron Mountain gained 0.3% to close at $88.02 on Friday.</li>
</ul>
National Storage Affiliates Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSA#NYSE">NSA</a>)
<ul>
<li>On May 1, National Storage posted weaker-than-expected quarterly sales. The company's stock jumped around 6% over the past five days and has a 52-week high of $42.54.</li>
<li>RSI Value: 73.81</li>
<li>NSA Price Action: Shares of National Storage Affiliates Trust gained 0.4% to close at $40.85 on Friday.</li>
</ul>
Check This Out: <a href="https://www.benzinga.com/news/24/06/39331770/wall-streets-most-accurate-analysts-weigh-in-on-3-tech-stocks-with-over-3-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Weigh In On 3 Tech Stocks With Over 3% Dividend Yields</a>

Real estate investment trusts (REITs) own, operate, or finance income-generating real estate. REITs allow individuals to invest in various types of real estate without having to directly own or manage the properties. REITs typically focus on a specific type of real estate, such as residential, commercial, or industrial, and they are required to distribute a large percentage of their taxable income to shareholders in the form of dividends, making them attractive for income-seeking investors.
Let's take a look at two REITs with dividend yields up to 5.8% that have been growing their dividends in recent years.
<h2 class="wp-block-heading">Sun Communities</h2>
Sun Communities Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUI#NYSE">SUI</a>) owns, operates, or has an interest in 665 developed manufactured home, RV, and marina properties containing 180,110 developed sites and 48,040 wet slips and dry storage spaces in the U.S., Canada, and the U.K. as of March 31.
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<li>Private credit offers up to <a href="https://www.benzinga.com/money/percent">20% APY to potential accredited investor</a>s looking to capitalize on this growing asset class.</li>
</ul>
Sun Communities currently pays a quarterly distribution of $0.94 per share, equating to an annualized distribution of $3.76 per share, which gives it a yield of about 3.3% at the time of this writing.&nbsp;
In addition to sporting a high yield, Sun Communities is a dividend-growth star. It has raised its annual distribution each of the last seven years and its 1.1% hike in February has it on track for 2024 to mark the 8th consecutive year with an increase.
<h2 class="wp-block-heading">National Storage Affiliates Trust</h2>
National Storage Affiliates Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSA#NYSE">NSA</a>) is one of the largest owners and operators of self-storage properties in the United States. As of March 31, it has ownership interests in and operated 1,050 self-storage properties containing approximately 68.7 million rentable square feet across 42 states and Puerto Rico.
National Storage currently pays a quarterly dividend of $0.56 per share, equating to an annualized dividend of $2.24 per share, which gives its stock a yield of about 5.8% at the time of this writing. 
Like Sun Communities, National Storage is a dividend-growth star. It has raised its annual dividend payment every year since its initial public offering in 2015, putting it on track for 2024 to mark the ninth consecutive year with an increase.
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<li>Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." These<a href="https://www.benzinga.com/real-estate/23/05/32554601/want-to-grow-your-wealth-passively-these-high-yield-real-estate-notes-might-be-your-holy-grail"> high-yield real estate notes that pay 7.5% &#8211; 9%</a> make earning passive income easier than ever.</li>
<li>Elon Musk and Jeff Bezos are bullish on one city that could dethrone New York and become the new financial capital of the US.<a href="https://www.benzinga.com/money/miami-take-new-yorks-place-financial-capital"> Investing in its booming real estate market has never been more accessible</a>.</li>
</ul>
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National Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSA#NYSE">NSA</a>) reported quarterly earnings of $0.60 per share which met the analyst consensus estimate. The company reported quarterly sales of $173.87 million which missed the analyst consensus estimate of $191.02 million by 8.98 percent. This is a 16.41 percent decrease over sales of $207.99 million the same period last year.

Earnings

Earnings Misses

National Storage Q1 2024 GAAP EPS $0.60, Inline, Sales $173.87M Miss $191.02M Estimate

Self-storage center real estate investment trusts (REITs) are companies that specialize in owning and operating income-generating storage facilities, commonly known as self-storage centers. Self-store center REITs invest in properties where individuals and businesses can rent space to store their belongings, such as furniture, household items, business inventory, and vehicles of all types.
Investors in self-storage center REITs benefit from the income generated through leasing storage units to tenants. The demand for self-storage has been driven by various factors, including residential moves, downsizing, and businesses seeking additional space.
If you're interested in investing in a self-storage REIT, here are two you could buy today.
<h2 class="wp-block-heading">Don't Miss:</h2>
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<li>Investing in real estate just got a whole lot simpler. This <a href="https://www.benzinga.com/go/bezos-landlord">Jeff Bezos-backed startup will allow you to become a landlord</a> in just 10 minutes, and you only need $100.</li>
<li>Want To Grow Your Wealth Passively? Unlock Real Wealth with <a href="https://www.benzinga.com/money/cityfunds-yield">Cityfunds&#8217; Exclusive 8% Yield Fund</a>.</li>
</ul>
<h2 class="wp-block-heading">CubeSmart</h2>
CubeSmart (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CUBE#NYSE">CUBE</a>) is the third largest owner and operator of self-storage facilities in the United States with a portfolio of <a href="https://s201.q4cdn.com/604002580/files/doc_presentations/2024/Mar/04/cube-ir-presentation-march-2024-final.pdf">1,406 properties</a> across 178 markets in 41 states and the District of Columbia.
CubeSmart currently pays a quarterly dividend of $0.51 per share, equating to an annualized dividend of $2.04 per share, which gives its stock a yield of about 4.9% at the time of this writing.
In addition to sporting a high yield, CubeSmart is a dividend-growth superstar. Its <a href="https://investors.cubesmart.com/news--events/news-details/2023/CubeSmart-Announces-4.1-Increase-in-Quarterly-Common-Dividend/default.aspx">4.1% hike in December</a> marked the 14th consecutive year in which it has raised its annual dividend payment.
<h2 class="wp-block-heading">Trending:</h2>
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<li>Want to Create a Passive Income Stream? <a href="https://www.benzinga.com/go/grow-wealth-passively">These High-Yield Real Estate Notes Might Be Your Holy Grail</a></li>
</ul>
<h2 class="wp-block-heading">National Storage Affiliates Trust</h2>
National Storage Affiliates Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSA#NYSE">NSA</a>) is a leading owner and operator of self-storage facilities in the U.S. with ownership interests in <a href="https://d1io3yog0oux5.cloudfront.net/_7cb5f849447bdcf18d510090a08d741e/nationalstorageaffiliates/db/226/5086/pdf/NSA+Presentation_March+Update+2024_FINAL.pdf">1,050 properties</a> containing approximately 68.6 million rentable square feet across 42 states and Puerto Rico.
National Storage currently pays a quarterly dividend of $0.56 per share, equating to an annualized dividend of $2.24 per share, which gives its stock a yield of about 6.3% at the time of this writing.&nbsp;
Like CubeSmart, National Storage is a dividend-growth superstar. It has raised its annual dividend payment every year since its initial public offering in 2015, putting it on track for 2024 to mark the ninth consecutive year with an increase.
<h2 class="wp-block-heading">Read Next:</h2>
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<li>Elon Musk Is Bullish On Austin. Here&#8217;s <a href="https://www.benzinga.com/go/musk-austin">How To Invest In The City&#8217;s Growth Before He Floods It With New Tech Workers</a>.</li>
<li>Whole Foods&#8217; Landlord Has Achieved A 15% Net IRR For Accredited Investors Since 2015 — <a href="https://www.benzinga.com/go/whole-foods-landlord">Discover The Latest Investment Opportunities On Its Platform</a>.</li>
</ul>
Image Credit: Shutterstock

Real estate investment trusts (REITs) own, operate, or finance income-generating real estate. REITs allow individuals to invest in various types of real estate without having to directly own or manage the properties. REITs typically focus on a specific type of real estate, such as residential, commercial, or industrial, and they are required to distribute a large percentage of their taxable income to shareholders in the form of dividends, making them attractive for income-seeking investors.
Let's take a look at two REITs with dividend yields of 6% that have been growing their dividends in recent years.
<h2 class="wp-block-heading">National Storage Affiliates Trust</h2>
National Storage Affiliates Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSA#NYSE">NSA</a>) is one of the largest owners and operators of self-storage properties in the United States. As of December 31, 2023, it has ownership interests in and operated 1,050 self-storage properties containing approximately 68.6 million rentable square feet across 42 states and Puerto Rico.
National Storage currently pays a quarterly dividend of $0.56 per share, equating to an annualized dividend of $2.24 per share, which gives its stock a yield of about 6% at the time of this writing.&nbsp;
In addition to offering a high yield, National Storage is an up-and-coming dividend-growth superstar. It has raised its annual dividend payment every year since its initial public offering in 2015, putting it on track for 2024 to mark the ninth consecutive year with an increase.
<h2 class="wp-block-heading">Don't Miss:</h2>
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<li>Investing in real estate just got a whole lot simpler. This <a href="https://www.benzinga.com/go/bezos-landlord">Jeff Bezos-backed startup will allow you to become a landlord</a> in just 10 minutes, and you only need $100.</li>
<li>Elon Musk Is Bullish On Austin. Here&#8217;s <a href="https://www.benzinga.com/go/musk-austin">How To Invest In The City&#8217;s Growth Before He Floods It With New Tech Workers</a>.</li>
</ul>
<h2 class="wp-block-heading">Apple Hospitality</h2>
Apple Hospitality (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APLE#NYSE">APLE</a>) owns and manages a portfolio of upscale, rooms-focused hotels across the United States. As of November 30, 2023, its portfolio currently consists of <a href="https://s2.q4cdn.com/357237921/files/doc_presentations/2024/Apr/09/investor-presentation-dated-april-2024.pdf">224 hotels</a> containing 29,886 guest rooms across 87 markets in 37 states.
Apple Hospitality currently pays a monthly dividend of $0.08 per share, equating to an annualized dividend of $0.96 per share, which gives its stock a yield of about 6% at the time of this writing.&nbsp;
Apple Hospitality had to suspend its dividend during the Covid-19 pandemic, but with operations back to normal, investors can consider it a reliable source of dividend income.
<h2 class="wp-block-heading">Explore Opportunities Beyond REITs</h2>
While publicly traded REITs offer a convenient way to invest in real estate, we believe that some of the most compelling opportunities lie in the private market. Benzinga's <a href="https://www.benzinga.com/go/real-estate-screener">real estate offering screener</a> features a curated selection of private market real estate offerings from trusted platforms with a track record of strong returns.
Whether you&#8217;re an accredited or non-accredited investor, you can filter opportunities based on your investment criteria, including minimum investment, property type and target return. These offerings provide a unique chance to diversify your portfolio and tap into potential high-yield investments that are not available on public exchanges.
<a href="https://www.benzinga.com/go/real-estate-screener">Browse offerings</a>
<h3 class="wp-block-heading">Latest Private Market Offerings</h3>
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<li><a href="https://www.benzinga.com/alternative-investments/listing/qoz-fund-iii">QOZ Fund III</a>: Realize massive tax benefits by investing in a portfolio of multifamily development projects with long-term growth potential located in designated Opportunity Zones.</li>
<li><a href="https://www.benzinga.com/alternative-investments/listing/incomeplus-fund">Income Plus Fund:</a> A private real estate fund for investors seeking passive income and appreciation &#8211; Target net annual return of 9% &#8211; 11%.&nbsp;</li>
<li><a href="https://www.benzinga.com/alternative-investments/listing/gold-leaf-farming-lp">Golden Leaf Farming LP</a>: Top-tier almond and pistachio farms with a target cash yield of 13.8%</li>
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Discover these and other exclusive real estate investment opportunities on Benzinga's offering screener. Dive into the private market and uncover the potential for substantial returns beyond the public REIT market.
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<li>Miami Is Expected To Take New York's Place As The US Financial Capital. <a href="https://www.benzinga.com/go/miami-financial-capital">Invest In It With $500 Before That Happens</a>.</li>
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Image Credit: Shutterstock

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Shares of REITs are trading lower as Treasury yields rise following March inflation data. A rise in yields has pressured income-paying stocks.

Former National Security Adviser, John Bolton, has criticized the U.S. government for its decision to <a href="https://www.benzinga.com/government/24/03/37918127/un-security-council-mandates-immediate-cease-fire-in-gaza-us-abstains-netanyahu-cancels-trip-to-us">abstain from vetoing</a> the UN&#8217;s Gaza ceasefire resolution, describing it as a &#8220;mistake.&#8221; His comments come in the wake of growing tensions between the U.S. and Israel.
What Happened: On Friday, Bolton, who also served as the Ambassador to the U.N. in the Donald Trump administration, took to X, formerly Twitter, and shared a news clip from the &#8220;Morning Rush&#8221; segment, where he talked about the deteriorating relations between Washington and Jerusalem.
Along with the video, he reiterated his statements asserting that the&nbsp;U.S. should have vetoed the&nbsp;UN ceasefire resolution. He also accused President Joe Biden of being too engrossed in domestic politics to formulate a comprehensive Middle East strategy.
&#8220;The US should have vetoed the UN ceasefire resolution.&nbsp;The tension between Washington and Jerusalem must be dealt with, but Biden is too busy navigating a political minefield at home to come up with a comprehensive strategy in the Middle East.&#8221;
See Also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/03/37987098/dogecoin-spikes-15-ahead-of-doge-day-as-whale-transactions-surge?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Calls For End To Israel&#8217;s Gaza Offensive Amidst Falling Global Support: &#8216;Finish Up Your War&#8217;</a>
In the video shared by Bolton, he can be heard saying, &#8220;Personally I think it was a mistake to not veto that resolution, but the Israelis were correct here that it did represent a change in the U.S. policy.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The US should have vetoed the UN ceasefire resolution.  The tension between Washington and Jerusalem must be dealt with, but Biden is too busy navigating a political minefield at home to come up with a comprehensive strategy in the Middle East. <a href="https://t.co/aUGzkdCCow">pic.twitter.com/aUGzkdCCow</a>
&mdash; John Bolton (@AmbJohnBolton) <a href="https://twitter.com/AmbJohnBolton/status/1773848815419727878?ref_src=twsrc%5Etfw">March 29, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Earlier this week, the U.S. refrained from vetoing a UN Security Council resolution that called for a ceasefire in Gaza, thereby allowing the resolution to pass. 
This resulted in&nbsp;Israeli Prime Minister Benjamin Netanyahu&nbsp;calling off&nbsp;plans for a delegation to&nbsp;visit Washington. However, he has since decided to reportedly send&nbsp;two top officials to Washington&nbsp;D.C. for discussions next week.
John Kirby, White House national&nbsp;security communications adviser, previously refuted any changes in U.S. policy. 
&#8220;It does not represent a change at all in our policy. It is very consistent with everything that we have been saying we want to get done here. And we get to decide what our policy is. The Prime Minister&#8217;s office seems to be indicating to public statements that we somehow changed here. We haven&#8217;t and we get to decide what our policy is,&#8221; Kirby said. 
Why It Matters: The U.S. abstention marked a significant shift in the UN Security Council&#8217;s stance on the Gaza conflict. The resolution advocated for an <a href="https://www.benzinga.com/government/24/03/37918127/un-security-council-mandates-immediate-cease-fire-in-gaza-us-abstains-netanyahu-cancels-trip-to-us">immediate halt to hostilities in Gaza</a> throughout Ramadan.
Earlier this week, the&nbsp;<a href="https://www.benzinga.com/news/24/03/37977772/un-warns-israels-actions-in-gaza-could-constitute-war-crime-as-manmade-famine-looms">UN warned Israel</a>&nbsp;that its actions in Gaza could potentially amount to a war crime, amid growing concerns over a &#8220;manmade famine&#8221; in the region.
On Friday, Israel said it will return to the negotiating table for cease-fire talks with Hamas, but the country continues to prepare for a potential ground incursion into the city near the Egyptian border, citing it as the remaining bastion of Hamas within the Gaza Strip.
Read Next:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/03/37975951/trader-turns-3k-into-215k-in-hours-with-freshly-launched-dawkoin-as-father-of-memes-based-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Israel Ordered By UN Court To Enhance Aid Flow Into Gaza With Additional Crossings</a>
This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo via Shutterstock.

Politics

Trump-Era NSA Slams US For Not Vetoing UN's Gaza Ceasefire Resolution: 'I Think It Was A Mistake'

Barclays analyst Brendan Lynch initiates coverage on National Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSA#NYSE">NSA</a>) with a Equal-Weight rating and announces Price Target of $39.

Initiation

Barclays Initiates Coverage On National Storage with Equal-Weight Rating, Announces Price Target of $39

John Bolton, the former national security adviser, expressed his confusion over reports suggesting that former President&nbsp;Donald Trump&nbsp;could receive&nbsp;intelligence briefings if he becomes&nbsp;the <a href="https://www.benzinga.com/general/politics/24/03/37498025/trump-vs-haley-former-president-hits-record-lead-in-gop-race-after-wins-in-south-carolina-michig">GOP presidential nominee</a>.
What Happened: Bolton voiced his bewilderment over the Biden administration&#8217;s reported decision to provide Trump with intelligence briefings. The former President has a controversial history <a href="https://www.benzinga.com/news/24/02/37084227/trump-appears-in-florida-court-battles-for-access-to-classified-documents">with classified documents</a>.
&#8220;I'm somewhat perplexed myself that the Biden White House has apparently agreed that he'll get these briefings,&#8221; Bolton said in an <a href="https://msnbc.com/katy-tur/watch/-perplexed-fmr-trump-nat-security-adviser-reacts-to-trump-intel-briefings-as-gop-nominee-205869125884">interview</a> with MSNBC&#8217;s Katy Tur on Friday. "I don't think it makes any sense. And I think it, really, puts whatever he is told at risk of being disclosed."
He went on to say, &#8220;If the Biden administration has determined that let this happen, I would impose conditions on the briefings. I wouldn&#8217;t let any advisors in the room with Donald Trump. So, if the information does leak out, we know exactly where it came from.&#8221;
Adding, &#8220;And, I wouldn&#8217;t show him or leave him any documents or photographs. I&#8217;d just give a verbal briefing that hopefully could minimize the downside risk of him revealing something.&#8221; 
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/03/37527568/trumps-organization-looks-to-middle-east-with-4b-saudi-deal-to-bolster-his-real-estate-mogul-status?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump&#8217;s Organization Looks To Middle East With $4B Saudi Deal To Bolster His Real Estate Mogul Status Slipping Away In America</a>
Trump is currently facing 40&nbsp;charges related to <a href="https://www.benzinga.com/news/24/02/37053113/trump-claims-unfair-treatment-in-classified-documents-case-if-biden-is-not-going-to-be-charged-then">mishandling classified records</a> and obstructing&nbsp;the government from retrieving them&nbsp;after he left the White&nbsp;House. These files reportedly&nbsp;contained national defense and weapons&nbsp;information, some of which were marked as top secret.
President&nbsp;Joe Biden&nbsp;has also been <a href="https://www.benzinga.com/government/24/02/37018079/special-counsel-finds-biden-willfully-retained-classified-documents-but-case-concludes-without-charg">accused of&nbsp;retaining documents</a> from his time&nbsp;as vice president. A special&nbsp;counsel report released in February&nbsp;found that Biden &#8220;willfully&#8221; retained classified documents but did not press charges, instead portraying him as &#8220;an&nbsp;elderly man with a poor&nbsp;memory.&#8221;
In light of the report, Trump has&nbsp;pushed for his own case&nbsp;to be dismissed.
Why It Matters: The decision to provide Trump with intelligence briefings, despite his legal troubles, comes at a time when he is&nbsp;<a href="https://www.benzinga.com/news/24/03/37559457/biden-targets-trump-and-gop-in-fiery-state-of-the-union-says-you-cant-love-your-country-only-when-yo">facing criticism from the Biden administration</a>. In a recent State of the Union address, Biden took aim at Trump, accusing him of actions that undermined democracy and hindered immigration reform.
Trump&#8217;s potential re-election campaign has also been a topic of discussion, with both him and Biden&nbsp;<a href="https://www.benzinga.com/news/24/03/37502536/biden-trump-dominate-super-tuesday-setting-stage-for-a-historic-rematch-in-november">emerging victorious in the Super Tuesday contests</a>, setting the stage for a potential rematch in the upcoming general election.
Read Next:&nbsp;<a href="https://www.benzinga.com/news/24/03/37503022/trumps-niece-says-2nd-term-for-ex-president-would-be-fatal-to-america-his-cognitive-difficulties-see?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump&#8217;s Niece Says 2nd Term For Ex-President Would Be &#8216;Fatal&#8217; To America As His Cognitive Difficulties &#8216;Seem To Be Getting Worse&#8217;</a>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Photo by paparazzza on Shutterstock

General

Former NSA 'Perplexed' Over Reports Of Trump Receiving Intelligence Briefings: 'Puts Whatever He Is Told At Risk Of Being Disclosed'

2024 Guidance
The following table outlines NSA's Core FFO per share guidance estimates and related assumptions for the year ended December 31, 2024.
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="7" rowspan="1">Ranges for Full Year 2024</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="2">Actual Results for Full Year 2023</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">Low</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">High</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Core FFO per share(1)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">2.40</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">2.56</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">2.69</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Same store operations(2)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Total revenue growth</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">(4.0</td>
<td colspan="1" rowspan="1">)%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">0.0</td>
<td colspan="1" rowspan="1">%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">2.4</td>
<td colspan="1" rowspan="1">%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Property operating expenses growth</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">3.0</td>
<td colspan="1" rowspan="1">%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">5.0</td>
<td colspan="1" rowspan="1">%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">4.7</td>
<td colspan="1" rowspan="1">%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">NOI growth</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">(6.0</td>
<td colspan="1" rowspan="1">)%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">(2.0</td>
<td colspan="1" rowspan="1">)%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">1.6</td>
<td colspan="1" rowspan="1">%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">General and administrative expenses</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">General and administrative expenses (excluding equity-based compensation), in millions</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">54.5</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">56.5</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">52.6</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Equity-based compensation, in millions</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">7.25</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">7.75</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">6.7</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Management fees and other revenue, in millions</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">32.0</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">34.0</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">34.4</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Core FFO from unconsolidated real estate ventures, in millions</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">23.5</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">25.5</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">24.6</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Subordinated performance unit distributions, in millions</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">40.0</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">44.0</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">49.0</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Acquisitions of self storage properties, in millions</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">100.0</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">300.0</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">229.5</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
</tbody>
</table>
</figure><figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="8" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="7" rowspan="1">Ranges for Full Year 2024</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">Low</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="3" rowspan="1">High</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Earnings per share - diluted</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">1.43</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">1.59</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Impact of the difference in weighted average number of shares and GAAP accounting for noncontrolling interests, two-class method and treasury stock method</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">0.08</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">0.02</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Add real estate depreciation and amortization, including NSA's share of unconsolidated venture real estate depreciation and amortization</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">1.73</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">1.83</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">FFO attributable to subordinated unitholders</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">(0.34</td>
<td colspan="1" rowspan="1">)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">(0.38</td>
<td colspan="1" rowspan="1">)</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Less gain on sale of self storage properties</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">(0.51</td>
<td colspan="1" rowspan="1">)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">(0.51</td>
<td colspan="1" rowspan="1">)</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Add acquisition costs and NSA's share of unconsolidated real estate venture acquisition costs</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">0.01</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">0.01</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Core FFO per share and unit</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">2.40</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$</td>
<td colspan="1" rowspan="1">2.56</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
</tbody>
</table>
</figure><figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">(1)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">The table above provides a reconciliation of the range of estimated earnings per share - diluted to estimated Core FFO per share and unit.</td>
</tr>
<tr>
<td colspan="1" rowspan="1">(2)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">2024 guidance reflects NSA's 2024 same store pool comprising 776 stores. 2023 actual results reflect NSA's 2023 same store pool comprising 724 stores.</td>
</tr>
</tbody>
</table>
</figure>

Guidance

National Storage Affiliates Trust Sees FY24 Core FFO $2.40-$2.56; EPS $1.43-$1.59

National Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSA#NYSE">NSA</a>) reported quarterly earnings of $0.68 per share which beat the analyst consensus estimate of $0.65 by 4.62 percent. This is a 4.23 percent decrease over earnings of $0.71 per share from the same period last year. The company reported quarterly sales of $215.41 million which beat the analyst consensus estimate of $207.53 million by 3.80 percent. This is a 3.21 percent increase over sales of $208.72 million the same period last year.

National Storage Q4 Core FFO $0.68 Beats $0.65 Estimate, Sales $215.41M Beat $207.53M Estimate

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Earnings Scheduled For February 28, 2024

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments"> high dividend payout. </a>
Benzinga readers can review the latest analyst takes on&nbsp;their favorite stocks&nbsp;by visiting our&nbsp;<a href="https://www.benzinga.com/analyst-stock-ratings" target="_blank">Analyst Stock Ratings&nbsp;</a>page. Traders can sort through Benzinga&#39;s extensive database of analyst ratings, including&nbsp;by analyst accuracy. Here&#39;s a look at the most recent high-yield dividend&nbsp;stock ratings from the most accurate Wall Street analysts, according to Benzinga&#39;s&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock&nbsp;</a><a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Ratings</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the real estate sector.
<h3>Uniti Group Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/unit#NASDAQ">UNIT</a>)</h3>
<ul>
<li>Dividend Yield: 11.45%</li>
<li>B of A Securities analyst David Barden downgraded the stock from Neutral to Underperform and reduced the price target from $5 to $3.5 on Nov. 7, 2023. This analyst has an accuracy rate of 63%.</li>
<li>Morgan Stanley analyst Simon Flannery maintained an Underweight rating and cut the price target from $7 to $6 on June 1, 2023. This analyst has an accuracy rate of 67%.</li>
<li>Recent News: On Nov. 2, Uniti Group posted weaker-than-expected quarterly sales results.</li>
</ul>
<h3>Medical Properties Trust, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mpw#NYSE">MPW</a>)</h3>
<ul>
<li>Dividend Yield: 26.83%</li>
<li>JP Morgan analyst Michael Lapides maintained an Underweight rating and cut the price target from $8 to $5 on Nov. 29, 2023. This analyst has an accuracy rate of 60%.</li>
<li>Wells Fargo analyst Connor Siversky maintained an Underweight rating and lowered the price target from $7 to $4 on Oct. 17, 2023. This analyst has an accuracy rate of 65%.</li>
<li>Recent News: Medical Properties Trust recently announced plans to recover uncollected rents and outstanding loan obligations from Steward Health Care System.</li>
</ul>
<h3>National Storage Affiliates Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nsa#NYSE">NSA</a>)</h3>
<ul>
<li>Dividend Yield: 5.94%</li>
<li>Wells Fargo analyst Todd Stender maintained an Underweight rating and raised the price target from $32 to $36 on Dec. 12, 2023. This analyst has an accuracy rate of 68%.</li>
<li>Evercore ISI Group analyst Steve Sakwa downgraded the stock from In-Line to Underperform and raised the price target from $32 to $35 on Dec. 11, 2023. This analyst has an accuracy rate of 61%.</li>
<li>Recent News: National Storage, during November, posted better-than-expected third-quarter sales.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/24/02/36927010/investor-optimism-improves-following-tech-earnings-jobs-data-s-p-500-gains-for-4th-week"> Investor Optimism Improves Following Tech Earnings, Jobs Data; S&amp;P 500 Gains For 4th Week</a>

Wall Street's Most Accurate Analysts Say Sell These 3 Real Estate Stocks Delivering High-Dividend Yields

Of all the real estate investment trust (<a href="https://www.benzinga.com/real-estate/reit">REIT</a>) subsectors, self-storage is one of the most difficult to classify. According to the National Association of Real Estate Investment Trusts (Nareit), "Self-storage REITs own and manage storage facilities and collect rent from customers. Self-storage REITs rent space to both individuals and businesses."
Self-storage REITs often get classified as specialized REITs, but the specialized category also includes REITs that own timber, farmland, data centers and other types of properties, so it can be confusing. The basic self-storage REITs include:
CubeSmart (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CUBE#NYSE">CUBE</a>), Public Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSA#NYSE">PSA</a>), Extra Space Storage Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXR#NYSE">EXR</a>), National Storage Affiliates Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSA#NYSE">NSA</a>), U-Haul Holding Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UHAL#NYSE">UHAL</a>), Iron Mountain Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IRM#NYSE">IRM</a>) and AmeriCold RealtyTrust Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COLD#NYSE">COLD</a>).
But these REITs do not perform equally. Take a look at which storage companies have performed best over the past 52 weeks:
Iron Mountain Inc. is a Portsmouth, New Hampshire-based specialty REIT with a focus on information management and storage, data center infrastructure and asset lifecycle management. Iron Mountain was founded in 1951, became a REIT in 2014 and has more than 225,000 customers worldwide. In recent years, it has shifted most of its focus from paper to data storage.
In June 2023, Iron Mountain raised its quarterly dividend from $0.62 to $0.65. The forward annual dividend of $2.60 presently yields 3.84%.
In November, Iron Mountain acquired Regency Technologies, a provider of IT asset disposition (ITAD) services in the U.S. for $200 million.
Over the past 52 weeks, Iron Mountain has had a total return of 33.32%, far surpassing all the other storage REITs.
CubeSmart is a Malvern, Pennsylvania-based, internally managed self-storage REIT with 1,374 storage facilities across the U.S. It had its initial public offering (IPO) in 2004 under the name, U-Store-It. In 2011, it was rebranded as CubeSmart. Between 2012 and 2022, CubeSmart grew its funds from operations (FFO) per share by 242%. Its same-store occupancy rate was recently 92.1%.
On Dec. 7, CubeSmart announced an increase in its quarterly dividend from $0.49 to $0.51 per share. The dividend has increased by 55% over the past five years. The $2.04 annual dividend presently yields 4.46%.
On Jan. 2, Jefferies analyst Jonathan Petersen upgraded CubeSmart from Hold to Buy and raised the price target from $38 to $53.
Over the past 52 weeks, CubeSmart has had a total return of 10.11%, making it the second-best-performing self-storage REIT.
Public Storage is a Glendale, California-based, self-managed self-storage REIT that is one of the largest brands of self-storage services in the United States. Its portfolio includes 3,028 self-storage facilities with 217 million rentable square feet across 40 states. It has the largest market cap rate of all self-storage facilities with $51.63 billion.
In addition to providing storage units, it also sells packing and moving supplies and provides insurance services. Public Storage was founded in 1972 and became a publicly traded REIT in 1995 when it merged with Storage Equities. It was added to the S&amp;P 500 in 2005. As of the end of the third quarter, its occupancy rate was 92.1%, but occupancy declined 1.2% from the third quarter of 2022.
Public Storage pays a $3 quarterly dividend. Its $12 annual dividend presently yields 4.09%.
Both Goldman Sachs and Truist Securities recently maintained Buy ratings on Public Storage. On Jan. 11, Goldman Sachs analyst Andrew Rosivach raised the price target from $307 to $340, and on Dec. 28, Truist Securities analyst Ki Bin Kim raised the price target from $285 to $315.
Over the past 52 weeks, Public Storage has had a total return of 5.09%, the third largest return among self-storage REITs.
Extra Space Storage Inc. is a Salt Lake City-based self-storage REIT with over 3,500 self-storage properties, comprising 2.5 million units totaling 280 million square feet across 43 states and Washington, D.C. It has a market cap of $32.72 billion.
In July 2023, Extra Space Storage and Life Storage Inc. completed a merger in an all-stock transaction that added 1,200 properties to Extra Space's total portfolio, making it the largest self-storage company in the United States.
On Jan. 11, Goldman Sachs analyst Caitlin Burrows maintained a Buy rating on Extra Space Storage and raised the price target from $149 to $168.
Extra Space Storage pays a quarterly dividend of $1.62. The annual dividend of $6.48 presently yields 4.36%.
Despite being the largest self-storage REIT, over the past 52 weeks Extra Space Storage only returned 2.57%, the fourth-best total among the self-storage REITs.
Weekly REIT Report: REITs are one of the most misunderstood investment options, making it difficult for investors to spot incredible opportunities until it's too late. Benzinga's in-house real estate research team has been working hard to identify the greatest opportunities in today's market, which you can gain access to for free by signing up for the <a href="https://www.benzinga.com/money/reit-newsletter">Weekly REIT Report.</a>
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<li>Collecting passive income from real estate just got a whole lot simpler. A new<a href="https://www.benzinga.com/money/bezos-landlord-100-dollars"> real estate fund backed by Jeff Bezos</a> gives you instant access to a diversified portfolio of rental properties, and you only need $100 to get started.</li>
</ul>

Storage center real estate investment trusts (REITs) are companies that specialize in owning and operating income-generating storage facilities, commonly known as self-storage centers. Storage center REITs invest in properties where individuals and businesses can rent space to store their belongings, such as furniture, household items, business inventory, and vehicles of all types.
Investors in storage center REITs benefit from the income generated through leasing storage units to tenants. The demand for self-storage has been driven by various factors, including residential moves, downsizing, and businesses seeking additional space.
If you're interested in investing in a storage center, here are two attractive options.
<h2 class="wp-block-heading">CubeSmart</h2>
CubeSmart (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CUBE#NYSE">CUBE</a>) owns or manages nearly 1,400 self-storage properties across the United States, making it one of the three largest self-storage operators in the U.S., according to the 2023 Self Storage Almanac.
CubeSmart currently pays a quarterly dividend of $0.51 per share, equating to $2.04 per share annually, which gives it a yield of about 4.55% today. The company also raised its dividend this past December, marking its 14th consecutive annual increase.
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<li>Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. A platform backed by industry giant Marcus &amp; Millichap is changing that, <a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate">allowing individuals to invest in commercial real estate with as little as $5,000.&nbsp;</a></li>
</ul>
<h2 class="wp-block-heading">National Storage Affiliates Trust</h2>
National Storage Affiliates Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSA#NYSE">NSA</a>) has ownership interest in and operates over 1,100 self-storage properties across 42 U.S. states and Puerto Rico as of September 30, 2023.
National Storage currently pays a quarterly dividend of $0.56 per share, equating to $2.24 per share annually, which gives it a yield of about 6% at current levels. Like CubeSmart, National Storage is both a high-yield and dividend-growth play, having increased its annual dividend every year since its 2015 initial public offering.
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<li>Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. A platform backed by industry giant Marcus &amp; Millichap is changing that, <a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate">allowing individuals to invest in commercial real estate with as little as $5,000.&nbsp;</a></li>
<li>Collecting passive income from real estate just got a whole lot simpler. A new <a href="https://www.benzinga.com/money/dara-khosrowshahi-backed-startup-lets-you-become-a-landlord-with-100">real estate fund backed by Dara Khosrowshahi</a> gives you instant access to a diversified portfolio of rental properties, and you only need $100 to get started.</li>
</ul>
Image Credit: Shutterstock

Keybanc analyst Todd Thomas upgrades National Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSA#NYSE">NSA</a>) from Sector Weight to Overweight and announces $45 price target.

Upgrades

Keybanc Upgrades National Storage to Overweight, Announces $45 Price Target

4 analysts have shared their evaluations of National Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSA#NYSE">NSA</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $35.0, a high estimate of $37.00, and a low estimate of $32.00. This current average reflects an increase of 5.26% from the previous average price target of $33.25. 
<img src="https://www.benzinga.com/files/images/story/2023/1703768452_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
The standing of National Storage among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Ki Bin Kim</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$37.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Todd Stender</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Underweight</td>
<td>$36.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Underperform</td>
<td>$35.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Todd Stender</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$32.00</td>
<td>$34.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to National Storage. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of National Storage compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of National Storage's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Capture valuable insights into National Storage's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/NSA/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on National Storage analyst ratings.</a>
<h2>About National Storage</h2>
National Storage Affiliates Trust Trust is a real estate investment trust. The company owns, operates, and acquires self-storage properties located within the metropolitan statistical areas throughout the United States. It owned a diversified portfolio of more than 1050 self-storage properties, located in more than 42 states and Puerto Rico, comprising approximately 67.8 million rentable square feet, configured in approximately 533,000 storage units. National Storage's portfolio consists of self-storage properties designed to offer convenient, affordable, and secure storage units.
<h3>National Storage's Financial Performance</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Positive Revenue Trend: Examining National Storage's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 5.98% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 11.0%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): National Storage's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.01%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): National Storage's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.39%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: National Storage's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 3.47.
<h2>The Significance of Analyst Ratings Explained</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

4 Analysts Assess National Storage: What You Need To Know

Truist Securities analyst Ki Bin Kim maintains National Storage (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSA#NYSE">NSA</a>) with a Hold and raises the price target from $35 to $37.

Truist Securities Maintains Hold on National Storage, Raises Price Target to $37

Industrial real estate investment trusts (REITs) specialize in owning and managing industrial properties such as warehouses, distribution centers and factories. REITs offer exposure to the industrial real estate sector, typically generating revenue through leasing properties to tenants in manufacturing, logistics and similar industries.&nbsp;
The appeal of industrial REITs lies in their potential for stable rental income and property value appreciation. As publicly traded entities, they provide liquidity and accessibility to individual investors, unlike direct real estate investments. They also reflect broader economic and industrial trends, making them a top choice for diversified portfolios.
While industrial REITs are appealing for many reasons, there's a question to answer: Which ones should you invest in?
There's no right or wrong answer, but dividend yield is one of the most telling data points. Here are three industrial REITs with the highest yields.
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</ul>
<h2 class="wp-block-heading">Innovative Industrial Properties Inc.</h2>
Innovative Industrial Properties Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIPR#NYSE">IIPR</a>) currently has the highest dividend yield of all industrial REITs at 7.35%. The company specializes in the acquisition, ownership and management of industrial properties leased to state-licensed operators in the regulated cannabis industry.
<h2 class="wp-block-heading">Global Self Storage Inc.</h2>
Global Self Storage Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SELF#NASDAQ">SELF</a>) has a dividend yield of 6.3%. With a market cap of 51.15 million, it's not the largest player in the REIT sector, but it offers a notable yield in the niche self-storage market.&nbsp;
The company focuses on acquiring, owning and managing self-storage facilities, primarily in the United States, catering to both personal and business storage needs.
<h2 class="wp-block-heading">National Storage Affiliates Trust</h2>
National Storage Affiliates Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSA#NYSE">NSA</a>) has a market cap of $5.46 billion and a dividend yield of 5.59%. The company has a significant market presence and operates a large portfolio of self-storage properties across the United States.
As you compare industrial REITs, focus on yield and a history of stable dividend payouts. When combined with overall portfolio quality and financial health, you have the information you need to make informed investing decisions.
Investing in real estate just got a whole lot simpler, and you can get started in minutes with as little as $100. <a href="https://www.benzinga.com/alternative-investments/real-estate">Browse available offerings here</a>.

National Storage Affiliates Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSA#NYSE">NSA</a>) stock price was $33 on Dec. 5, 2023, with a 52-week high of $44.79 and a 52-week low of $27.86. The company recently announced cash dividends for the fourth quarter of 2023 payable on Dec. 29, 2023.
NSA announced a dividend of $0.56 per share for an annual dividend payment of $2.24.&nbsp;
According to NSA&#8217;s President and CEO, Dave Cramer, the next two years are looking up.&nbsp;
How Do You Make $500 per Month from NSA Stock?&nbsp;
To earn $500 per month or $6,000 annually, you need to invest $89,020 or buy 2,704 shares of NSA in early December 2023. For a lower investment looking to earn about $100 per month or $1,200 per year, you would need to invest $17,804 or buy 540 shares.
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</ul>
How to calculate:
Divide annual earnings ($6,000 or $1,200) by the dividend yield (0.067 for NSA in this case).
So, $6,000/0.067 = $89,020 ($2,272 monthly), and $1,200/0.067= $17,804 ($454 per month).&nbsp;
To calculate the annual dividend yield for a particular stock (NSA in this case):&nbsp;
Divide the annual dividend payment by the existing stock price.&nbsp;
For example, if NSA pays an annual dividend of $2.22 and currently sells at $33, the dividend yield would be ($2.22/$33 = 0.067) 6.7%. However, if the stock price increases to $45, the dividend yield would be ($2.22/$45 = 0.049) 4.9%. But if the stock price falls to $20, the dividend yield would be ($2.22/$20 = 0.11) 11%.&nbsp;
External factors like inflation could affect real estate companies like NSA, and revenue decline may affect the dividend payment. If a company decides to increase its dividend payment, the yield increases. But if it reduces the dividend payment, the yield also drops.&nbsp;
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In a report released today, Brendan Lynch from Barclays maintained a Hold rating on National Storage Affiliates (NSA – Research Report), with a pri...

Barclays Reaffirms Their Hold Rating on National Storage Affiliates (NSA)

Analyst Wes Golladay from Robert W. Baird maintained a Hold rating on National Storage Affiliates (NSA – Research Report) and keeping the price tar...

Maintaining Hold: Weighing National Storage Affiliates' Growth Strategies Against Market Risks

Losers Of REIT Earnings Season

REITs said to have returned more capital to investors in Q1

DES: Small Cap ETF Lagging Its Peers

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
The stock market continues making new highs seemingly almost every week. Investors are thrilled about new developments in fields such as semiconductors and artificial intelligence that could lead to tremendous earnings growth and resulting share price appreciation.



However, valuations have run up dramatically for many of the leading technology and growth companies. At this point, it might not be prudent to chase the move in these leading momentum stocks. For investor still wanting to put capital in this expensive market, however, there are other alternatives such as good income-generating <a href="https://investorplace.com/stock-types/dividend-stocks/">dividend stocks</a>. 



These dividend stocks provide consistent income streams to investors. That, in turn, makes it easier to ride out market volatility. This stability could really come in handy if the market backs off its recent highs.



Not all dividend stocks are created equal. But these seven dividend dynamos have what it takes to deliver strong income both today and well into the future.



<h2>OneMain Financial (OMF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2017/04/shutterstock_245654404-min-300x169.jpg" alt="Image of a hand signing a paper with the loan as the title"><div>Source: shutterstock</div></div>OneMain Financial (NYSE:<a href="https://investorplace.com/stock-quotes/omf-stock-quote/">OMF</a>) is a specialty finance company which offers personal loans to consumers. These loans can be either unsecured loans or ones backed by collateral such as automobiles. Investors tend to think of this sort of lending as being subprime and steer clear. However, OneMain has an average higher credit rating within its loan portfolio and tends to lend to people with more sustainable financial positions.



The company was part of Citigroup (NYSE:<a href="https://investorplace.com/stock-quotes/c-stock-quote/">C</a>) and as such operated through several large economic downturns. Being part of a financial giant gave OneMain access to tons of data and historical operating records. This is a unique selling point, since much of the competition in the lending space is now from financial technology &ldquo;FinTech&rdquo; companies. 



FinTech players rely more on algorithms and AI to make loans. These algorithmic systems can be quite powerful, but they also run the risk of running into unique problems during a recession as they have less real-world testing through prior economic downturns. By contrast, OneMain has proven its valor through various economic downturns and its large network of brick-and-mortar loan branches give it access to a more diverse client pool than an app-only digital lending service.



OMF shares are currently on sale, trading at <a href="https://seekingalpha.com/symbol/OMF/earnings/estimates">8.5 times forward earnings</a> and an 8.6% dividend yield. That is an excessive discount, given the company&rsquo;s proven track record and strong management team.



<h2>Duke Energy (DUK)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/duke-energy-1600-300x169.png" alt="The logo for Duke Energy (DUK) is seen on a sign at one of the company's offices."><div>Source: Jonathan Weiss / Shutterstock.com</div></div>For the past couple of years, utilities stocks had been out of favor. Investors were worried about higher interest rates, and the negative impact that would have on companies which take out lots of debt to grow their operations. In addition, investors have placed less value on lower-risk dividend companies, like Duke Energy (NYSE:<a href="https://investorplace.com/stock-quotes/duk-stock-quote/">DUK</a>) as the yields on risk-free government bonds have increased.



But now, the narrative is changing. It appears utility demand is going to grow considerably due to the need for much more electricity to power <a href="https://www.datacenterdynamics.com/en/news/global-data-center-electricity-use-to-double-by-2026-report/">data centers</a> for artificial intelligence purposes. In addition, the electric vehicle revolution is adding another significant source of long-term electricity demand.



These factors could end the country&rsquo;s roughly flat electricity demand and return the sector to significant secular growth. 



Duke also has its own lever to pull. It is one of the largest players in the <a href="https://nuclear.duke-energy.com/about">nuclear power space</a>. Nuclear is white hot once again. People are looking for low carbon alternatives for more baseload generation. Duke&rsquo;s fleet of low-cost reliable always-on nuclear power makes it a leader for the new emerging electricity marketplace.



<h2>Southern Co. (SO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/12/southern_company_so1600a-300x169.jpg" alt="the southern company logo displayed several times on a screen"><div>Source: 360b / Shutterstock.com</div></div>Southern Co. (NYSE:<a href="https://investorplace.com/stock-quotes/so-stock-quote/">SO</a>) is another utility company that has seen its outlook dramatically improve over the past year.



Like Duke, Southern had been depressed due to higher interest rates and concerns over the economic outlook. However, with inflation being somewhat under control and the Federal Reserve looking at rate cuts this year, that negative is starting to turn into a positive. 



Southern is an attractive electricity player because it operates primarily in states with increasing populations and booming economies, such as Georgia and Tennessee. These markets should enjoy strong economic growth and favorable regulatory outlook.



Additionally, Southern is investing heavily, putting <a href="https://www.morningstar.com/company-reports/1202987-southern-benefits-from-growing-southeast-us-energy-demand?listing=0P0000051F">$43 billion</a> to work to modernize its fleet and reduce submissions.



There&rsquo;s already been substantial progress on this front. The company used to generate as much as 80% of its power from coal. Within the past two decades, coal has fallen to less than 20% of its total. The combination of Southern&rsquo;s ESG-friendly generation portfolio, favorable operating region and improving utility sector outlook make this dividend stock appealing today.



<h2>Gilead Sciences (GILD)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/10/gild-stock-4-300x169.jpg" alt="A Gilead Sciences (GILD) sign at the company headquarters in Silicon Valley, California."><div>Source: Sundry Photography / Shutterstock.com</div></div>Gilead Sciences (NASDAQ:<a href="https://investorplace.com/stock-quotes/gild-stock-quote/">GILD</a>) is a large and highly profitable biotechnology company. The company became a big name a decade ago thanks to its successful portfolio of HIV treatments. It then acquired a product which serves as a cure for hepatitis-C virus (HCV). This HCV product was an absolute blockbuster, generating tens of billions of dollars in revenues.



Unfortunately for Gilead (but not for patients), due to the product being a cure rather than a treatment for HCV, revenues fell quickly from their peak once the initial patient population was cured of the disease.



Gilead has spent the last ten years trying to come up with new products and pipeline developments that could replace the lost HCV revenues. It appears to be finally having some success. Gilead is set to return to revenue and <a href="https://seekingalpha.com/symbol/GILD/earnings/estimates">profit growth</a> in 2025. And the <a href="https://www.gilead.com/news-and-press/press-room/press-releases/2024/3/gilead-sciences-announces-completion-of-acquisition-of-cymabay">recent acquisition</a> of CymaBay Therapeutics will add to Gilead&rsquo;s presence in the liver treatments category.



It&rsquo;s understandable why Wall Street has been frustrated with lack of topline growth in recent years. However, the company&rsquo;s current product portfolio remains highly profitable and cash flow generative. 



Gilead offers a strong dividend yield at 4.9%. And due to developments in the Gilead&rsquo;s drug pipeline, there&rsquo;s the possibility for a return to real earning growth going forward as well.



<h2>National Storage Affiliates (NSA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/storage-facility-1600-300x169.jpg" alt="A photo of a storage facility hallway."><div>Source: Kostsov / Shutterstock.com</div></div>Real estate investment trusts (REITs) are another promising area of the market for dividend investors right now. 



Like with utilities, REITs have been out of favor over the past couple of years. Higher interest rates tend to be a significant negative for REITs. Additionally, fears of a downturn in the commercial real estate market in categories such as offices have caused further selling. 



Not all REITs are in trouble, however. National Storage Affiliates (NYSE:<a href="https://investorplace.com/stock-quotes/nsa-stock-quote/">NSA</a>) is a compelling dividend stock option.



National Storage Affiliates was founded about a decade ago with the merger of several smaller self-storage companies. It has proven to be a fast-growing operator rolling up self-storage assets in dynamic large U.S. metropolitan areas, particularly Sunbelt markets with rapid population and economic growth.



NSA&rsquo;s strategy has been highly successful. Since 2018, National Storage Affiliates has grown its revenues from $329 million to $866 million last year. The company&rsquo;s funds from operations (FFO) have surged, and as a result, its dividend has also soared. Despite that, NSA stock has lost nearly half its value since its 2021 peak. 



Investors are worried about higher interest rates and economic uncertainty. But self-storage tends to be resilient during recessions as people still need extra space. That&rsquo;s especially true if they switch housing situations due to unemployment, foreclosure or other such economic setbacks. This makes NSA stock a recession-safe income option with a current yield of 6.2%.



<h2>Realty Income (O)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/realty1600-300x169.jpg" alt="realty income logo highlighted by a magnifying glass on a web browser"><div>Source: Shutterstock</div></div>Realty Income (NYSE:<a href="https://investorplace.com/stock-quotes/o-stock-quote/">O</a>) is a <a href="https://www.investopedia.com/terms/t/triple-net-lease-nnn.asp">triple-net REIT</a>. Analysts use the phrase triple net lease to refer to real estate contracts where the tenant instead of the landlord pays for major costs like maintenance and taxes for a property. This gives Realty Income considerable advantages when inflation is surging, as it is insulated from some of the operating cost of real estate properties.



Realty Income has other advantages as well. For example, the company has shrewd capital allocation, as it spun off its office properties back in 2021. That allowed Realty Income to avoid the subsequent big plunge in the office market. Today, the REIT&rsquo;s portfolio is more concentrated in recession-resilient categories such as grocery, pharmacy, dollar stores and industrial tenants. 



Realty Income is also a go-to income name. It nicknamed itself, &ldquo;<a href="https://www.realtyincome.com/who-we-are">The Monthly Dividend Company</a>&rdquo; many years ago. Not only is the dividend paid monthly, the company also increases the payout frequently. It now has a 26-year streak of annual dividend increases, making it one of the few Dividend Aristocrats in its sector.



<h2>Banco de Chile (BCH)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/bank-stocks-1600-300x169.jpg" alt="Illustration of the inside of a bank. Bank stocks."><div>Source: YummyBuum / Shutterstock</div></div>Banco de Chile (NYSE:<a href="https://investorplace.com/stock-quotes/bch-stock-quote/">BCH</a>) is one of Chile&rsquo;s large publicly traded banks. It has all the usual retail banking and lending that you would expect for an emerging market bank. It also operates an investment bank and related brokerage and asset management functions.



The bullish case for Banco de Chile today is based on commodity prices and inflation. This is because Chile is a leading exporter of gold, silver, copper and lithium along with fresh fruit and other agricultural products. The price of many of these goods has surged as geopolitical conflicts in places such as Ukraine have limited supply in many commodity markets.



In addition, Chile&rsquo;s massive <a href="https://www.statista.com/statistics/268790/countries-with-the-largest-lithium-reserves-worldwide">lithium reserves</a> make it a leading player in the global battery and electrification wave. Chile isn&rsquo;t just an export player, either. The country&rsquo;s central bank has recently <a href="https://www.reuters.com/markets/rates-bonds/chile-central-bank-cuts-key-rate-65-sees-more-easing-2024-04-02/">slashed interest rates</a>. This should provide a boost for the domestic economy, powering loan growth and rising bank earnings.



Speaking of earnings, BCH stock is selling for about 11 times forward earning while offering a compelling 6.8% dividend.



On the date of publication, Ian Bezek held a long position in BCH, NSA and GILD stock. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
<div>Ian Bezek has written more than 1,000 articles for InvestorPlace.com and Seeking Alpha. He also worked as a Junior Analyst for Kerrisdale Capital, a $300 million New York City-based hedge fund. You can reach him on Twitter at @irbezek.</div><h3>More From InvestorPlace</h3>
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