CTO Realty Growth: I'm Buying The Dip Of This Fully Covered Record 10% Dividend Yield

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Oct. 08, 2025 6:12 PM ETCTO Realty Growth, Inc. (CTO) Stock, CTO.PR.A StockCTO, CTO.PR.A1 CommentPacifica Yield13.07K FollowersCTO Realty is paying out a record 10% dividend yield from its portfolio of open-air centers in the fast-growing Sun Belt.The REIT kept its distribution during the third quarter and is set to continue paying out $0.38 per share due to its strong 120% dividend coverage.Positive leasing spreads of 7% on renewals through the first half of 2025 and occupancy gains as vacated spaces are leased up should drive further strengthening of FFO coverage.f11photo/iStock via Getty ImagesCTO Realty's (NYSE:CTO) dividend yield presents a transient opportunity to lock in an elevated level of income from an open-air center retail portfolio in fast-growing Sun Belt markets. I last covered CTO with a buy rating in August, withThis article was written byPacifica Yield13.07K FollowersThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tickers, REITs, and green energy firms.Analyst’s Disclosure:I/we have a beneficial long position in the shares of CTO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comment(1)