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This 3%-Yielding Real Estate Stock Just Raised Its Dividend Again. Is It a Buy Before Its Next Raise?
TRNOTerreno(TRNO) The Motley Fool·2024-08-19 11:27

Terreno Realty has quietly done a terrific job growing its dividend. Terreno Realty (TRNO -0.01%) flies under the radar of most investors. The industrial-focused real estate investment trust (REIT) is tiny compared to industry behemoth Prologis (PLD -1.54%). It owns 292 buildings in six U.S. markets compared to over 5,500 properties worldwide for the sector leader. Because of its smaller size, many investors might have missed that the industrial REIT just increased its dividend again. That raise pushed its ...