DDR Corporation has a very generous dividend, and it is one of the highest paying dividend stocks. But to determine if it is one of the best monthly dividend stocks requires a more focused analysis.
DDR Corporation (DDR) is a real estate investment trust (REIT) that owns and manages 367 retail operations throughout the U.S. and Puerto Rico. It was founded in 1965 and it is headquartered in Beachwood, Ohio.
DDR does not have stellar history. Its revenues have steadily declined since the financial crisis of 2008/2009. Business started to come back about 2013, but sales per share is still significantly below where it was in 2008. Not surprisingly, the price of the stock is about 75 percent below its highs at the beginning of 2007.
On the positive side, its cash flows from operations remained positive throughout this time. Its leverage is not currently excessive, given its historical averages. And its dividend appears well covered by its cash flows.
Still, we feel its growth prospects are subpar. And our opinion of its overall stock fundamentals (which includes everything we have spoken of above and more) is not high. We give it a Comprehensive Fundamental Rating (i.e. “Stock Fundamentals”) of “D.” A rating of D means below average.
Stat Sheet – DDR Corporation 4/7/16
|Industry||Real Estate Operations|
|Market Cap||$ 6,262|
|Growth Prospects||Below Average|
|Price Volatility||Above Average|
DDR is one of the highest paying dividend stocks we cover. But it is not one of the top dividend paying stocks we cover. To see the top dividend paying stocks we cover and other types of stocks we cover click the following link.