Marc Lichtenfeld, Wealthy Retirement, Author at Daily Trade Alert

This Stock Yields ~14% and is “B”-Rated for Dividend Safety

Looking at the numbers, I don’t believe shareholders have a lot to worry about in the short term when it comes to the safety of the dividend.

In short, REITs should be a part of any balanced portfolio but you should know the benefits and challenges they face.

Its distribution should be safe for the time being.

I’m not expecting a cut… however, the company could reduce the distribution by half and it would still have a very attractive yield of nearly 8%.

In short, it has a high debt load and its cash flow doesn’t cover the dividend.