Categories: DividendsReal Estate & Housing

22 Years of Consistent, Increasing Dividends

22 Years of Consistent, Increasing Dividends (YahooFinance)

Taubman Centers, Inc. (TCO) is another in a long line of real estate investment trusts (REITs) providing consistent revenue to investors. And TCO is the epitome of consistency. Since going public in 1992, the company has never had to reduce its 3.1 percent dividend. Just the opposite, frankly, as TCO has increased the dividend 17 times during that 22-year run. Sure, you may be able to find a higher-yielding dividend than Taubman’s 3.1 percent, but you’ll never find a more consistent one. For investors who value never worrying about investment income, TCO is the right REIT.

Wayne Ellis

Wayne Ellis has been involved in the financial publishing industry for more than 15 years. During that time, he has helped to edit, to market and to launch products and services for Ernst & Young, LLC, Fidelity Investments, Agora, LLC, and Eagle Financial Publications. He currently puts his broad-based experience and industry expertise to use as a contributing writer for Eagle Financial Publications. He also is a graduate of Arizona State University.