Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Americold Realty Trust (NYSE:COLD) is a global leader in temperature-controlled logistics real estate and value-added services.
The 52-week range of Americold Realty Trust’s stock price was $21.53 to $30.92.
Americold Realty Trust’s dividend yield is 4.03%. During the last 12 months, it paid $0.88 per share in dividends.
Don’t Miss:
-
Unlock the hidden potential of commercial real estate — This platform allows individuals to invest in commercial real estate offering a 12% target yield with a bonus 1% return boost today!
-
This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100.
The Latest On Americold Realty Trust
On Nov. 7, the company announced its Q3 2024 earnings, posting an FFO of $0.29, compared to the consensus estimate of $0.30 and revenues of $674.171 million, compared to the consensus of $682.923 million, as reported by Benzinga.
Advertisement
Advertisement
George Chappelle, Chief Executive Officer of Americold Realty Trust, stated, “This performance was again driven by organic growth as we produced double-digit year-over-year growth in the Global Warehouse Same Store NOI of approximately 11% on a constant currency basis. We continue demonstrating our ability to generate meaningful returns to our shareholders in any environment as our Same Store Warehouse Services Margins increased to 14.5%, an 11 percentage point improvement from the previous year’s quarter on a constant currency basis.”
Check out this article by Benzinga for seven analysts’ insights on Americold Realty Trust.
Trending: Over the last five years, the price of gold has increased by approximately 83% — Investors like Bill O’Reilly and Rudy Giuliani are using this platform to create customized gold IRAs to help shield their savings from inflation and economic turbulence.
How Can You Earn $100 Per Month As An Americold Realty Trust Investor?
If you want to make $100 per month –$1,200 annually – from Americold Realty Trust dividends, your investment value needs to be approximately $29,777, which equates to 1,365 shares at $21.82 each.
Advertisement
Advertisement
Understanding the dividend yield calculations: When estimating, you need two key variables – the desired annual income ($1,200) and the dividend yield (4.03% in this case). So, $1,200 / 0.043 = $29,777 to generate an income of $100 per month.
You can calculate the dividend yield by dividing the annual dividend payments by the stock’s current price.
The dividend yield can change over time as a result of fluctuating stock prices and dividend payments.
See Also: Commercial real estate has historically outperformed the stock market, and this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!
Advertisement
Advertisement
For example, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect, increasing the dividend yield to 5% ($2/$40).
In summary, income-focused investors may find Americold Realty Trust stock an attractive option for making a steady income of $100 per month by owning 1,365 shares of stock.
Wondering if your investments can get you to a $5,000,000 nest egg? Speak to a financial advisor today. SmartAsset’s free tool matches you up with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Looking For Higher-Yield Opportunities In A Shifting Market?
The changing interest rate environment has created an incredible opportunity for income-seeking investors to earn massive yields, but not through dividend stocks… Certain private market real estate investments are giving retail investors the opportunity to capitalize on these high-yield opportunities and Benzinga has identified some of the most attractive options for you to consider.
For instance, the Ascent Income Fund from EquityMultiple targets stable income from senior commercial real estate debt positions and has a historical distribution yield of 12.1% backed by real assets. With payment priority and flexible liquidity options, the Ascent Income Fund is a cornerstone investment vehicle for income-focused investors. First-time investors with EquityMultiple can now invest in the Ascent Income Fund with a reduced minimum of just $5,000. Benzinga Readers: Earn a 1% return boost on your first EquityMultiple investment when you sign up here (accredited investors only).
Don’t miss out on this opportunity to take advantage of high-yield investments while rates are high. Check out Benzinga’s favorite high-yield offerings.
This article Here’s How You Can Earn $100 In Passive Income By Investing In Americold Realty Stock originally appeared on Benzinga.com