Earn a 5.2% Dividend Yield from Starbucks Stock Using This Hack

Starbucks Corporation SBUX stock has been a slow grower over the past five years. An increase of 38% is nothing to be ashamed of, but its growth hasn't been nearly as strong as many other blue chip stocks. 

Starbucks continues its tradition of raising dividends by paying a quarterly dividend of $0.57. This practice has been ongoing since the company started distributing dividends in 2010.

As an investor in Starbucks stock, you can expect a dividend payment every quarter. But that's not the only strategy you should consider. 

Don’t Miss:

• Investing in real estate just got a whole lot simpler. This Dara Khosrowshahi-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100.
• Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. A platform backed by industry giant Marcus & Millichap is changing that, allowing individuals to invest in commercial real estate with as little as $5,000. 

A Hack to Earn a 5.2% Yield from Starbucks

Instead of buying Starbucks at approximately $97/share and earning a 2.34% annual dividend yield, you can buy shares of Agree Realty Corporation ADC for $58. And with that comes a 5.2% annual dividend yield

Agree Realty Corporation is a real estate investment trust (REIT) that focuses on acquiring and developing properties net leased to industry-leading retail tenants, including the likes of Starbucks, Costco, and Target. 

The company typically invests in retail properties leased to tenants in various sectors, including automotive, consumer goods, and essential services, providing a diversified portfolio in terms of tenant base and geographic locations.

Its portfolio consists of 2,135 properties consisting of 44 million square feet. 

Agree Realty Corporation currently pays a monthly dividend of $0.247, which equates to  $2.964 per share annually. 

Read Next:

• Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. A platform backed by industry giant Marcus & Millichap is changing that, allowing individuals to invest in commercial real estate with as little as $5,000. 
• Collecting passive income from real estate just got a whole lot simpler. A new real estate fund backed by Dara Khosrowshahi gives you instant access to a diversified portfolio of rental properties, and you only need $100 to get started

Image Credit: Shutterstock

Start generating passive income through real estate

Check out these featured investments from Benzinga's Real Estate Offerings Screener.