$GZT 4.3% Small-Cap Stocks with Big Dividends: Ga
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Posted On: 05/05/2017 2:37:50 PM
$GZT 4.3% Small-Cap Stocks with Big Dividends: Gazit Globe (GZT)
Dividend Yield: 4.3%
Chances are, you haven’t heard of this company. Gazit Globe Ltd (NYSE:GZT) is an Israeli-based developer of supermarket-anchored shopping centers in major cities around the globe (hence the name).
Gazit owns and operates 429 properties in more than 20 countries, which combined have a total value of $21.5 billion. It’s still just a small-cap stock, however, with a market cap of about $2 billion.
The dividend yield of 4.3% is appetizing, as are the recent returns: GZT is already up 17.6% year to date. What’s less appealing is the 95% sales drop-off last year. Wall Street hasn’t punished the stock for that nosedive yet, but proceed with caution.
Dividend Yield: 4.3%
Chances are, you haven’t heard of this company. Gazit Globe Ltd (NYSE:GZT) is an Israeli-based developer of supermarket-anchored shopping centers in major cities around the globe (hence the name).
Gazit owns and operates 429 properties in more than 20 countries, which combined have a total value of $21.5 billion. It’s still just a small-cap stock, however, with a market cap of about $2 billion.
The dividend yield of 4.3% is appetizing, as are the recent returns: GZT is already up 17.6% year to date. What’s less appealing is the 95% sales drop-off last year. Wall Street hasn’t punished the stock for that nosedive yet, but proceed with caution.
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