Getty Realty: Strong Dividend Growth And Valuation Makes It A Solid REIT
Wednesday, 6 March 2024, 12:00
Getty Realty: Strong Dividend Growth And Valuation
Getty Realty's 5-year AFFO growth outperforms peers, making its dividend well-covered and attractive for investors seeking stable returns.
Challenges Ahead
- High Concentration in Gas Stations: The company's portfolio heavily concentrated in gas stations may face challenges due to the increasing adoption of electric vehicles, affecting its future growth prospects.
Investors should assess Getty Realty's exposure to this risk carefully while evaluating its strong valuation metrics.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.