Steg Industrial: A Great REIT

I love Steg Industrial I like how they fix up class B properties or class C properties and turn them into real income generators and growth engines. Ben Butchers no longer the CEO he's this chairman now but what Ben did when he was CEO over a decade is able to do something that many other REITs could not do, reduce the payout ratio. The dividend yield is 4% you may say that's not very high especially in this high interest rate world but what you get with Steg is very consistent earnings growth  with analysts have forecasted about 5% growth in AFFO in 24-25.