10 Dividend Stocks That Pay More Than the US Average Rental Yield

7. Saul Centers, Inc. (NYSE:BFS)

Dividend Yield: 6.59%

No. of Hedge Funds: 12

Headquartered in Bethesda, Maryland, Saul Centers, Inc. (NYSE:BFS) is a real estate investment trust. The company specializes in retail and mixed-use properties primarily in the Washington, D.C. metropolitan area. Additionally, the company focuses on high-density urban markets where tenant demands are stable. It has a total of 61 properties in its real estate portfolio, including four land and development properties.

With a dividend yield of 6.59%, Saul Centers, Inc. (NYSE:BFS) remains a notable choice for investors seeking stable income. Based on the Q4 results, the company’s revenue has increased to $67.9 million but fell behind the estimated $68.94 million. The earnings per share, standing at $0.22 also have missed the estimated $0.30 per share. However, the leasing activity with respect to the commercial portfolio saw an increase from 94.1% the previous year to 95.2%, suggesting potential rises in FFO in future quarters. With such a positive outlook, the company stands committed to creating and delivering shareholder value.

Institutional interest is moderate, with 12 hedge funds from the Insider Monkey Q4 2024 database currently holding ownership in Saul Centers, Inc. (NYSE:BFS). Analysts maintain a Buy rating, projecting a 1-year median price target of $47, which, when compared to the current price, offers a potential gain of 31.28%. Investors who purchase the stock before April 15, 2025, will benefit from the next dividend payout.