Dec 17, 2018

Stock Buys - EGP (10 shares, $28 dividend), PLD (15 shares, $28 dividend)

Today was a market down day for the REIT sector so I decided to go shopping.
EastGroup Properties (NYSE:EGP) focuses on multi-tenant business distribution buildings.
Basic info:
Market CAP: 3.5B    Dividend: $2.88 (2.9%)    Payout Ratio: 68%     5yr DGR: 3.7%

Prologis (NYSE: PLD)  manages logistics and distribution centers in the Americas, Asia and Europe.
Basic info:
Market CAP: 38B      Dividend: $1.92 (2.96%)     Payout Ratio: 69%      5yr DGR: 9.4%

These 2 purchases will add $56 div income annually to my dividend stock portfolio ๐Ÿ’ช

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