Reuben Gregg Brewer believes dividends are a window into a company's soul.

With a well-diversified portfolio in front of it and the past finally behind it, the new lowered dividend should be a much easier number to increase over time. Make short-term dividend income. Get daily stock ideas top-performing Wall Street analysts. Buy the Stock One Day Before the Ex-Dividend Date. Sorry, there are no articles available for this stock. Find out how much your money can grow by using our Compounding Returns Calculator. Cumulative Growth of a $10,000 Investment in Stock Advisor, VEREIT's Dividend Reset Is a Big Letdown @themotleyfool #stocks $VER $NNN, the finance department pushed the accounting envelope a bit too far. Luckily, VEREIT is one of the more diversified in the net-lease space, with industrial and office properties accounting for roughly 17% and 18% of the portfolio, respectively. He built a strong team, so there weren't any leadership issues and he was back in time for VEREIT's first-quarter 2020 conference call (and sounded great).

Dividend stocks making payouts in the next 10 business days and have a history of rebounding in price shortly thereater. Vereit (VER) came out with quarterly funds from operations (FFO) of $0.15 per share, in line with the Zacks Consensus Estimate. To see all exchange delays and terms of use, please see disclaimer. In addition to the name change, that list included reducing debt, rationalizing the portfolio, reinstating the dividend, and putting the legal issues surrounding the accounting issue in the rearview mirror. Consecutive Years of Dividend Increase is the number of years in a row in which there has been at least one payout increase and no payout decreases. Hand picked by analysts based on Dividend.com rating system. You take care of your investments. And since Wall Street has a pretty short memory, assuming the dividend begins to move higher in 2021, few will remember the hit REIT investors took in 2020 because of COVID-19. However, in late 2019 the final touches were put on settlements with all involved, and VEREIT was ready to start with a clean slate in 2020. That said, there's still a lot to like about the REIT, even if future dividend growth is really just a matter of making up lost ground. If a stock’s yield is above or near the market average then it will be rated higher within this parameter. Please help us personalize your experience. Upgrade to Premium to get unlimited access to Ratings, Recommendations, Payout Estimates, and more. It remains one of the largest and most diversified net-lease REITs -- and thanks to the reset, it could soon become a dividend growth machine.

A stock’s dividend reliability is determined by a healthy payout ratio that is higher than other stocks. © American Consumer News, LLC dba MarketBeat® 2010-2020. Common Stock Dividend Information On November 4, 2020, the Company's Board of Directors declared a quarterly dividend for … But with roughly 45% of the portfolio in retail assets and another 20% in restaurants, there was no way to avoid the hit that social distancing measures and non-essential business closures would have on the portfolio. But it still stung dividend investors who had been hoping that 2020 would finally be the turnaround year. On November 4, 2020, the Company's Board of Directors declared a quarterly dividend for the fourth quarter of 2020 of $0.077 per share consistent with last quarter's dividend. Notably, he provided clear targets for investors to watch as he and his new team worked to get things going in the right direction again.