Getty Realty Corp. (NYSE:GTY)
A publicly-traded real estate investment trust in the United States specializing in the ownership and leasing of retail motor fuel and convenience store properties and petroleum distribution terminals.
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Poor Stock with High Payout Ratio
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5 STAR, Small-cap, dividend payer
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Just finished a bunch of research looking for dividend stocks for my portfolio. This is one of 8 I chose. Since I put my real money in to it, I figure it's the best indication that I should green thumb it here.
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toll both stock, and boy -- what a dividend!
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I am LOVING REIT's right now!
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:) wow this is a good one!! Add to my favorite dividend payers i love these reits.I believe its stocks like this Bn Graham and buffet would be all over at this entry level thats available
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GTY is a solid performer that has just raised its dividend, again, with an ex- date of 22 September. It has outperformed the S&P over the past year already and since CAPS apparently does not factor in the dividends when calculating performance (a truly grave flaw, that), GTY's forward outperformance might not be relfected in CAPS, however, I'm adding it to my real world portfolio. the solid 8% yield will cushion against any fluctuations in share price.
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How did this name play throughout history? Don't be afraid, I don't believe they lead to the road paved with poop...
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Read blog from 5/7 but essentially oversold.
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LOOK AT THE PERFORMANCE FO THE PAST YEAR. THIS ONE CCANT GET OUTR OF ITS OWN WAY
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At $16, GTY is valued at roughly $250,000 per property. Most of the properties were developed decades ago, at very low cost. IMO, Wall Street totally blew this one. If management is worth its salt, they'll mutually terminate leases, with significant leasehold value. This is a golden oppurtunity, and my best overall pick.
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commercial real estate
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