B
enzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. When evaluating dividend stocks, passive income investors typically focus on reliability and yield. They seek investments that offer a substantial dividend to generate income while being built on a solid foundation for the dividend to be reliable. Federal Realty Investment Trust (NYSE: FRT) is an attractive option in this regard.

    This REIT has increased its dividend for 57 consecutive years, making it the longest streak by any real estate investment trust and earning it Dividend King status. Federal Realty Investment Trust focuses on commercial properties, including strip centers and mixed-use developments across the country. Its business model has proven effective, with a carefully curated portfolio of around 100 properties serving high-revenue markets.

    The REIT's strategic location enables it to charge premium rents, generating increased revenue. Additionally, its high occupancy rate is maintained due to the high population density in these areas. Federal Realty Investment Trust recently reported strong Q1 2025 earnings, with $309 million in revenue and an increase in earnings per share from $0.66 to $0.72.

    This performance continues the REIT's momentum from 2024, which saw improvements in occupancy, operating income, and signed leases. EPS rose from $2.80 to $3.42, benefiting shareholders.