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Corporate Office Properties Trust: A “Hidden Gem” Investment?
Cheap, stable, high-yield stocks.
These are great sources of passive income with the potential to pay you forever.
Today’s article examines Corporate Office Properties Trust ($OFC).
This is a somewhat obscure real estate investment trust with very little financial coverage, a low valuation, and its first major dividend hike in years.
Corporate Office Properties is also a wide-moat investment with ties to the U.S. Government and defense industry.
Here’s what the company does…
What Is Corporate Office Properties Trust?
Corporate Office Properties Trust owns office and data center properties.
Not very exciting, or promising, until you hear about the tenants.
Corporate Office Properties is primarily focused on leasing their facilities to the United States Government, and government contractors.
90% of the trust’s properties are leased to the government or its contractors, with most of these facilities serving the defense…