I Am Adding To This 6.8%-Yielding Commercial Property REIT

I am adding to my existing long position in this REIT. The commercial property REIT has very convincing portfolio and dividend coverage stats. Low AFFO-payout ratio means the dividend is sustainable. Shares are still quite affordable based on run-rate AFFO. An investment in the stock comes with a covered 6.8 percent dividend yield...

I have doubled down on my existing long position in commercial property REIT VEREIT, Inc. (NYSE:VER) this week as the company continues to make a compelling value proposition as an income vehicle for investors with a long time horizon: The real estate investment trust has strong portfolio, diversification and distribution coverage stats that combined translate into a high margin of dividend safety for income investors. Shares are affordable and come with a 6.8 percent dividend yield.

Source: Seeking Alpha

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