Americold Realty Trust Inc (COLD) reported a quarterly dividend yielding over 7%, which translates to an annualized dividend of $0.92 per share. As of Monday, shares were trading at a low of $13.07. This level of yield is particularly noteworthy for investors, given the historical context in which dividends have contributed significantly to stock market returns.
The dividend sustainability relies on a company’s profitability, and potential investors should examine Americold’s dividend history to forecast the likelihood of maintaining this yield. The company is also a member of the Russell 3000, highlighting its prominence among U.S. stocks.
