Federal Realty Creates Upscale Mixed Use Centers

That real estate sector includes includes nine industries all related to real property ownership. The industries are: general real estate; Real estate services; and seven varieties of real estate investment trusts: diversified, healthcare facilities, hotel & motel, industrial, office, residential, and retail.

Today I’m reviewing a mid-cap real estate investment trust – retail, named Federal Realty Investment Trust. Its trading ticker symbol is FRT . 

Federal Realty Investment Trust is an equity real estate investment trust specializing in the ownership, management, and redevelopment of retail and mixed-use properties located primarily in densely populated and affluent communities.

Founded in 1962, Federal Realty’s expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. 

Federal Realty’s 105 properties include approximately 3,000 tenants, in approximately 24 million square feet, and over 2,600 residential units. Federal Realty has increased its quarterly dividends to its shareholders for 51 consecutive years, the longest record in the REIT industry.

 Federal Realty is headquartered in Rockville, MD.

I use three key data points to gauge the value of any dividend equity or fund like Federal Realty Investment Trust: 

(1) Price

(2) Dividends

(3) Returns

Besides those three, four more keys  will finally unlock an equity or fund in which to invest.

But those first three primary keys, best tell whether a company has made, is making, and will make money. 

FRT Price

FRT’s price per share was $124.22 at yesterday’s market close. A year ago its price was $121.70 for a price rise of $2.52 per share for the year, that’s a 2% gain. 

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