Rexford Industrial Realty: A High-Yield Dividend Stock Opportunity Worth Considering

Shares of Rexford Industrial Realty (NYSE: REXR) surged post-pandemic due to increased warehouse demand. However, the stock has since fallen by half. Despite this, the dividend yield is now a solid 4.1%. The company is a REIT focused on industrial properties in Southern California, a region with strong market fundamentals.

Rexford’s focus on Southern California, the largest US industrial market, has its advantages. Despite rising vacancy rates since 2023, the region still outperforms the national average. The company’s strategic redevelopment projects and high occupancy rates support its long-term growth potential and future rental income increases.

In November 2024, Rexford reported a 95.9% occupancy rate and strong rental increases. With $450 million in capital projects underway and a robust dividend yield of 4.1%, the company remains well-positioned in the industrial REIT sector. Investors with a long-term perspective may find value in Rexford’s discounted stock price and solid performance.

Considered a buy-and-hold opportunity for income investors, Rexford Industrial Realty offers potential for long-term growth. Despite not being in the top 10 stock picks by the Motley Fool, the company’s focus on an advantaged market and strong fundamentals make it a compelling investment option. With a history of solid returns and growth potential, Rexford could be an attractive choice for dividend investors looking beyond short-term market fluctuations.

Read more at Nasdaq: 1 Magnificent High-Yield Dividend Stock Down 50% to Buy and Hold Forever