Should Investors Consider 4.6% Yielding Acadia Realty (NYSE:AKR)?
Investors are once again becoming increasingly wary of retail REITs. This is due to the ongoing macroeconomic turmoil, which is assumed to lessen consumers'' purchasing power, thus softening the overall foot traffic in retail properties. That said, Acadia Realty Trust (NYSE:AKR) seems to be delivering good results. Its 4.6% dividend yield appears enticing when considering there is room for the dividend to grow from here. However, I am neutral on the stock, as my appetite for the space remains apathetic. Can Acadia''s Recovery Momentum Continue? Investors have lately become increasingly wary that Acadia''s post-pandemic recovery may be short-lived. However, as the company''s latest results showed, Acadia''s positive trajectory remains solid.
Should Investors Consider 4.6% Yielding Acadia Realty (NYSE:AKR)?
Investors are once again becoming increasingly wary of retail REITs. This is due to the ongoing macroeconomic turmoil, which is assumed to lessen consumers'' purchasing power, thus softening the overall foot traffic in retail properties. That said, Acadia Realty Trust (NYSE:AKR) seems to be delivering good results. Its 4.6% dividend yield appears enticing when considering there is room for the dividend to grow from here. However, I am neutral on the stock, as my appetite for the space remains apathetic. Can Acadia''s Recovery Momentum Continue? Investors have lately become increasingly wary that Acadia''s post-pandemic recovery may be short-lived. However, as the company''s latest results showed, Acadia''s positive trajectory remains solid.