This REIT Dividend King Could Secure Your Retirement With $1.5 Million

When you think about REITs (real estate investment trusts) and dividend growth, a certain REIT known for making dividend payments monthly, Realty Income (NYSE: O), may be what first comes to mind. Yet while Realty Income has indeed built up a strong dividend growth track record, but it's still decades away from becoming one of the Dividend Kings.However, among REIT stocks, there is already a Dividend King, with over 50 consecutive years of dividend growth -- 58 years, to be exact. I'm talking about Federal Realty Investment Trust (NYSE: FRT). Since the late 1960s, during good times and challenging times, Federal Realty Investment Trust has steadily increased its cash distributions each year.For income-focused investors, retirees in particular, this may be a top stock to consider, given its potential to generate significant investment income during one's golden years.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool