In an era where financial stability is paramount, exploring avenues for reliable passive income has become increasingly crucial. One often overlooked option is earning dividends from government-operated properties.
Here's how: a real estate investment trust (REIT) that specializes in owning and managing properties leased exclusively to government agencies. Let’s dig in.
Easterly Government Properties
Easterly Government Properties DEA owns and manages a portfolio of properties leased to government agencies and contractors. Its portfolio currently consists of 90 properties containing approximately 8.8 million total leased square feet, which are leased to 40 different tenants, including the FBI, DEA, and Department of Defense.
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Easterly currently pays a quarterly dividend of $0.265 per share, equating to an annualized dividend of $1.06 per share, which gives its stock a yield of about 9.45% at the time of this writing.
On top of having a high yield, Easterly has shown a dedication to growing its dividend. It has raised its annual dividend five times since its initial public offering in 2015, so investors should consider it a reliable source of income with the opportunity to grow over time.
Explore Opportunities Beyond REITs
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 real estate offering screener features a curated selection of private market real estate offerings from trusted platforms with a track record of strong returns.
Whether you’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.
Latest Private Market Offerings
- QOZ Fund III: Realize massive tax benefits by investing in a portfolio of multifamily development projects with long-term growth potential located in designated Opportunity Zones.
- Income Plus Fund: A private real estate fund for investors seeking passive income and appreciation – Target net annual return of 9% – 11%.
- Golden Leaf Farming LP: Top-tier almond and pistachio farms with a target cash yield of 13.8%
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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