VEREIT Inc

Vereit Inc, manages and owns of commercial, restaurant, single-tenant retail, office, and industrial real estate in the US. The focus is on long-term net leases with high-credit, quality tenants. In conjunction with Cole Capital, the company raises capital and manages the concerns of specific non-traded real estate investment trusts. Founded in December of 2010, Vereit is headquartered in Phoenix, AZ, and employs 160 staff members. Vereit Inc is classified as a Real Estate Investment Trust (REIT) and is listed on the New York Stock Exchange under ticker, NYSE: VER. As of 2020, VEREIT held $14.7bn in real estate investments, including 3,800 properties and approximately 88.9 million square feet of brick and mortar housing with 602 tenants in 41 industries. Such tenants as Dollar Tree, CVS, FedEx, Albertson, PetSmart, Red Lobster contribute to a portfolio split among investment and non-investment grade tenants. On the 1st September 2020, the Vereit Inc.share price was $6.83 at the close of trading. This compares to an all-time high VER share price of $12.15 in 2014. This stock operates in a sector exposed to the effects of the Covid-19 pandemic. Being very liquid the VER stock price has reflected investor optimism thorugh 2020, at first falling but then showing signs of recovery. With a dividend yield of approximately 4.7%, this stock as a candidate for inclusion in a dividend-yielding eToro portfolio.