One Liberty Properties (OLP) – 12-10-2013

December 11, 2013 · Filed Under Bullish, Value · 1 Comment 

REITs are always nice because they can diversify your portfolio with real estate, but still maintain the liquidity of normal stocks.  Of course it is preferable to actually purchase real estate on your own for all of the side benefits that real estate investments offer, but gaining some exposure to different markets without requiring large sums of initial capital or doing any real work is sometimes good too.

OLP got a nice boost today after announcing a dividend increase, but outside of that I don’t necessarily like it a lot more than things like O, NNN, COLE, etc. (although I don’t love any mortgage REITs now).  All of these triple nets could get interesting in the near future if they boost their yields even more by dropping in price or increasing their dividends.  Something to watch for through the beginning of 2014…