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Terreno Realty Corporation (NYSE:TRNO) acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C.
The 52-week range of Terreno Realty stock price was $53.78 to $71.63.
Terreno Realty's dividend yield is 2.93%. It paid $1.96 per share in dividends during the last 12 months.
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The Latest On Terreno Realty
On Feb. 5, the company announced its Q4 2024 earnings, posting revenues of $103.71 million, beating the consensus estimate of $98.20 million, and EPS of $0.62, in line with expectations.
Total portfolio, excluding six properties under development or redevelopment and 47 improved land parcels, was 97.4% leased as of Dec. 31, down from 98.5% on Dec. 31, 2023.
Check out this article by Benzinga for five analysts' insights on Terreno Realty.
How Can You Earn $100 Per Month As A Terreno Realty Investor?
If you want to make $100 per month — $1,200 annually — from Terreno Realty dividends, your investment value needs to be approximately $40,956, which is around 611 shares at $67 each.
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Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (2.93% in this case). So, $1,200 / 0.0293 = $40,956 to generate an income of $100 per month.
You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.
The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.
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For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).