AMC AMC stock is back in the news as Roaring Kitty returned to social media, igniting rallies in the stocks that led the last "meme stock mania," including AMC and GameStop GME.
However, many investors are staying on the sidelines because they can’t stomach the volatility. If you are one of these investors and want another way to play AMC stock in particular, you could invest in one of its largest landlords.
EPR Properties
EPR Properties EPR is a leading owner and manager of experiential real estate. Its portfolio currently consists of 359 entertainment, recreation, education, and leisure properties, including movie theaters, golf ranges, waterparks, amusement parks, fitness centers, private schools, and early childhood education centers. Movie theaters make up 37% of its portfolio with tenants including AMC, Cinemark, Regal, and Alamo Drafthouse.
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EPR Properties currently pays a monthly dividend of $0.285 per share, equating to an annualized dividend of $3.42 per share, which gives its stock a yield of about _% at the time of this writing..
EPR had an impressive track record of dividend growth before it was forced to suspend its dividend as a result of the Covid-19 pandemic. However, with operations back to normal, the company is on pace for 2024 to mark the third consecutive year in which it has raised its annual dividend payment, and this could be the start to a very long streak.
EPR is a great way to play the success of AMC over the long term.
More to Read:
- Passive income investments are one of the most trusted methods for riding out a recession, so it's no surprise that people are turning to this Jeff Bezos-backed startup to generate monthly rental income without having to purchase their own property.
- Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. This platform allows individuals to invest in commercial real estate with as little as $5,000.
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