How To Put $100 In Your Retirement Fund Each Month With Postal Realty Trust Stock

Postal Realty Trust PSTL is an internally managed real estate investment trust (REIT) that owns properties primarily leased to the United States Postal Service.

It will report its Q3 2024 earnings on Nov. 4, 2924, after the market closes. Wall Street analysts expect the company to post an EPS of $0.27, the same as the figure in the year-ago period. According to data from Benzinga Pro, quarterly revenue is expected to be $18.41 million, up from $16.11 million in the year-ago period.

Don’t Miss:

The 52-week range of Postal Realty Trust stock price was $13 to $15.15.

Postal Realty Trust's dividend yield is 6.59%. It paid $0.96 per share in dividends during the last 12 months.

The Latest On Postal Realty Trust

On Aug. 6, 2024, the company reported its Q2 2024 earnings, posting an FFO of $0.26, compared to the consensus estimate of $0.23, and revenues of $18.05 million, compared to the consensus of $17.376 million, as reported by Benzinga.

“We delivered another successful quarter, building on the steady performance our investors have come to expect and I am optimistic that the remainder of the year will follow suit,” stated Andrew Spodek, Chief Executive Officer. “We have made good progress with our 2023 leases and importantly, these new five-year leases include 3% annual rent escalations through the new lease term. We acquired 70 properties during the second quarter and we are on track to end the year at or above a 7.5% weighted average cap rate.”

Trending: Commercial real estate has historically outperformed the stock market, and this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!

How Can You Earn $100 Per Month As A Postal Realty Trust Investor?

If you want to make $100 per month — $1,200 annually — from Postal Realty Trust dividends, your investment value needs to be approximately $18,209, which is around 1,245 shares at $14.62 each. 

Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (6.59% in this case). So, $1,200 / 0.0659 = $18,209 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payment by the current price of the stock.

The dividend yield can change over time because it is comprised of the outcome of fluctuating stock prices and dividend payments on a rolling basis.

For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).

In summary, income-focused investors may find Postal Realty Trust stock an attractive option for making a steady income of $100 per month by owning 1,245 shares of stock. 

Check out this article by Benzinga for three more companies offering high dividend yields.

A 9% Return In Just 3 Months

EquityMultiple's ‘Alpine Note — Basecamp Series' is turning heads and opening wallets. This short-term note investment offers investors a 9% rate of return (APY) with just a 3 month term and $5K minimum. The Basecamp rate is at a significant spread to t-bills. This healthy rate of return won't last long. With the Fed poised to cut interest rates in the near future, now could be the time to lock in a favorable rate of return with a flexible, relatively liquid investment option. 

What's more, Alpine Note — Basecamp can be rolled into another Alpine Note for compounding returns, or into another of EquityMultiple's rigorously vetted real estate investments, which also carry a minimum investment of just $5K. Basecamp is exclusively open to new investors on the EquityMultiple platform.

Benzinga Readers: Earn a 1% return boost on your first EquityMultiple investment when you sign up here (accredited investors only).

Wondering if your investments can get you to a $5,000,000 nest egg? Speak to a financial advisor today. SmartAsset’s free tool matches you up with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: MarketsBZ-REALESTATE
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!