Dividend GrowthThe company raised its quarterly dividend, continuing its trend of increases since its IPO.
Financial StrategyThe cost of capital remains supportive of accretive external growth, and management is adopting a more methodical approach to funding, which suggests strategic financial management.
Growth PotentialThe multi-year deal pipeline remains good, with a pending deal pipeline totaling approximately $194.4 million at cap rates between 9.1% and 9.75%, indicating strong potential for future growth.