Latest news with #GettyRealty
Business Insider
4 days ago
- Business
- Business Insider
RBC Capital Sticks to Their Hold Rating for Getty Realty (GTY)
In a report released on July 24, Brad Heffern from RBC Capital maintained a Hold rating on Getty Realty, with a price target of $30.00. The company's shares closed yesterday at $27.77. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Heffern is a 4-star analyst with an average return of 7.4% and a 46.17% success rate. In addition to RBC Capital, Getty Realty also received a Hold from UBS's Michael Goldsmith in a report issued on July 16. However, yesterday, TR | OpenAI – 4o reiterated a Buy rating on Getty Realty (NYSE: GTY).
Yahoo
07-07-2025
- Business
- Yahoo
Why Agree Realty, Restaurant Brands And Getty Realty Are Winners For Passive Income
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Agree Realty, Restaurant Brands, and Getty Realty have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3% to 6%. Agree Realty Corp. (NYSE:ADC) is a real estate investment trust that acquires and develops properties net leased to industry-leading, omnichannel retail tenants. Don't Miss: Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. . GoSun's Breakthrough Rooftop EV Charger Already Has 2,000+ Units Reserved — Agree Realty has increased its dividends consecutively for the last 12 years. According to its most recent dividend hike announcement on April 10, it raised the monthly payout from $0.253 to $0.256 per share, equal to an annual figure of $3.072 per share. More recently, in its dividend announcement on May 13, the company maintained the payout at the same level. The current dividend yield on the stock is 4.22%. Agree Realty's annual revenue as of March 31 stood at $636.80 million. The company on April 22 posted Q1 2025 revenues of $169.16 million and AFFO of $1.06, both coming in above the consensus estimates. Check out this article by Benzinga for eight analysts' insights on Agree Realty. Trending: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — Restaurant Brands International Inc. (NYSE:QSR) is a quick-service restaurant company that owns and franchises four well-known brands: Tim Hortons, Burger King, Popeyes, and Firehouse Subs. Restaurant Brands has raised its dividends consecutively for the last 10 years. In its most recent dividend hike announcement on Feb. 12, the company increased the quarterly payout from $0.58 to $0.62 per share, equal to an annual figure of $2.48 per share. More recently, in its earnings report on May 8, the company maintained the payout at the same level. The current yield on the dividend is 3.65%. The company's annual revenue as of March 31 stood at $8.78 billion. In its most recent earnings release on May 8, the company posted Q1 2025 EPS of $0.75 and revenues of $2.11 billion, both missing the consensus Realty Corp. (NYSE:GTY) is a real estate investment trust that acquires, finances and develops convenience, automotive and other single-tenant retail real estate. The company has raised its dividends every year for the last 12 years. In its most recent dividend hike announcement on Oct. 22, it increased the quarterly payout by 4.40% to $0.47 per share, equaling an annual figure of $1.88 per share. More recently, in its dividend announcement on April 22, the company maintained the payout at the same level. Currently, the dividend yield on the stock is 6.71%. Getty Realty's annual revenue as of March 31 stood at $206.75 million. The company on April 23 posted Q1 2025 revenues of $52.33 million, missing the consensus estimate of $53.03 million, while adjusted AFFO of $0.59 matched expectations. Agree Realty, Restaurant Brands, and Getty Realty are good choices for investors seeking reliable passive income. Their dividend yields of around 3% to 6% and long history of consistent hikes make them attractive to income-focused investors. Check out this article by Benzinga for three more stocks offering high dividend yields. Read Next: Maximize saving for your retirement and cut down on taxes: . Image: Shutterstock This article Why Agree Realty, Restaurant Brands And Getty Realty Are Winners For Passive Income originally appeared on Sign in to access your portfolio
