mthompson45

KW A GREAT DIV STOCK 5.42% Yield

NYSE:KW   Kennedy-Wilson Holdings Inc.
KW has been gradually raising its dividend payment for the past 9 years. The current dividend annualizes to 88 cents per share, with a yield of 5.42%.

JPM’s 5-star analyst Anthony Paolone is bullish on KW, writing, “We think the combination of the dividend yield, growth in NAV/share in the mid-single-digits that should return in 2021/2022, and the potential to narrow the NAV/share discount should all combine for a compelling IRR.”

Getting into some specifics of KW’s business approach, Paolone underlines the reasons for a bullish outlook: “We particularly like its focus on value-add apartments in the Western U.S. and its developments in Dublin. The stock’s NAV discount offers an attractive entry point, and we see core growth, development/re-development, and growth in its investment management business as all driving NAV/share higher in the coming years.”

When the Feds gave Companies money they were told not to PAY DIVIDENDS OUT FOR 12 MONTHS. Many Investors count on dividends, KW stock is down today and currently at $15.01 a share. Opportunity is knocking.
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