Why Brixmor Property (BRX) is a Great Dividend Stock Right Now

Brixmor Property (BRX), a New York-based shopping center owner and operator, offers an attractive dividend yield of 4.2% with a current annualized dividend of $1.23, up 7% year-over-year. The company has increased its dividend 5 times over the last 5 years with an average annual increase of 7.56%. With a solid payout ratio of 53% and expected earnings growth of 4.89% for 2026, BRX presents a compelling opportunity for income investors, though it carries a Zacks Rank of #3 (Hold).