Three Top REITs Beat Earnings, Raise Dividends
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Getty Realty, Equinix, and Kimco Realty are 3 REITs that recently beat earnings estimates and announced dividend increases.
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Getty Realty's FFO beat estimates, revenue increased 20%, and it raised its dividend by 4.7%.
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Equinix's FFO beat estimates, revenue increased 12%, and it raised its dividend by 25%.
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Kimco Realty's FFO beat estimates, revenue increased, and it raised its dividend by 4.3%.
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REITs that beat earnings and raise dividends are attractive to investors because they signal earnings growth and confidence.