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Posted by
Two Blokes Jul 6 -
Filed in
Stock
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Slate Grocery REIT offers stability, with top tenants like Kroger and Walmart, providing defensive exposure in a more uncertain economic environment. The REIT shows solid fundamentals, with high occupancy, consistent revenue growth, and an attractive dividend yield near 8%. Despite positives, risks include high debt, tight AFFO payout ratios, and some softness in non-anchor occupancy.
