Excel Trust (NYSE:EXL)

CAPS Rating: 4 out of 5


Player Avatar TMFDeej (99.24) Submitted: 6/15/2011 2:30:06 PM : Outperform Start Price: $10.23 EXL Score: -24.31

It's amazing how similar Excel Trust's (EXL) story is to ROIC...a relatively new REIT that was formed to purchase shopping centers with industry veterans serving as management.EXL recently raised its quarterly dividend to $0.15, giving it a 5.0% yield. I expect this payout to continue to rise as the company prudently adds properties to its portfolio.Deej

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