Flight-to-safety stocks come in all shapes, sizes, and forms and are the opposite of a canary in a coal mine. Essex Property Trust (NYSE:ESS) strikes me as one of those types of stocks
Essex Property: A Must-Have REIT With Premium Locations
Summary
- Essex Property Trust has well-located properties in the fast-growing West Coast region of the U.S.
- It's also a dividend aristocrat with a strong track record of shareholder returns.
- I also highlight the outlook, balance sheet, valuation, and other points worth considering.
I am Gen Alpha. I have more than 14 years of investment experience, and an MBA in Finance. I focus on stocks that are more defensive in nature, with a medium- to long-term horizon.
I provide high-yield, dividend growth investment ideas in the investing group
. The group helps investors achieve dependable monthly income, portfolio diversification, and inflation hedging. It provides investment research on REITs, ETFs, closed-end funds, preferreds, and dividend champions across asset classes. It offers income-focused portfolios targeting dividend yields up to 10%.
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