In an era where financial stability is paramount, exploring avenues for reliable passive income has become increasingly crucial. One often overlooked option is earning dividends from government-operated properties.Here’s how: a real estate investment trust (REIT) that specializes in owning and managing properties leased to entities that are engaged in priority national security activities.COPT Defense PropertiesCOPT Defense Properties (NYSE:CDP) owns or has ownership interests in a portfolio of 190 properties consisting of 21.7 million square feet that support key U.S. Government defense installations and defense contractors.Don’t Miss:COPT currently pays a quarterly dividend of $0.285 per share, equating to an annualized dividend of $1.14 and giving its stock a yield of about 4.65% at the time of this writing.The company has paid a quarterly dividend of at least $0.275 per share since 2012, and had a diluted adjusted funds from operations (AFFO) payout ratio of 63.9% in fiscal 2023, meaning its current dividend is sustainable.Investors should consider COPT a reliable source of passive income.Read Next:Story continuesImage Credit: Harold Mendoza on Unsplash”ACTIVE INVESTORS’ SECRET WEAPON” Supercharge Your Stock Market Game with the #1 “news & everything else” trading tool: Benzinga Pro – Click here to start Your 14-Day Trial Now!Get the latest stock analysis from Benzinga?This article Earn Passive Income From Government Defense Properties Using This Hack originally appeared on Benzinga.com© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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