REIT with a dividend yield of 7.84% and the backing of giant BlackRock

Commercial real estate investments are attracting investor attention, and this company is proving to be a strong player in the market. With a dividend yield of nearly 8% and an increase in net income per diluted share of an amazing 142.9% compared to the same period last year, it's clear that this company is in a strong position to generate steady returns.

One of the things that catches the eye is the recent increase in the investment firm BlackRock's stake in this company's stock to 15.20%. This significant acquisition underlines the confidence in its business model and future growth potential. An investment by a reputable asset manager such as BlackRock signals positive expectations for the company's long-term performance and its ability to deliver stable returns to investors.

Company introduction

CTO Realty Growth $CTO, headquartered in Winter Park, Florida, is an American real estate investment company focused on commercial real estate. Its business model is focused on owning and…