Garage boxes are known as a carefree real estate investment with a high return.
My favorite individual stocks in my core-satellite portfolio are my Belgian REITs. Aedifica and Cofinimmo are solid companies that focus on a sector in real estate that is still growing: (health) care. Where Aedifica already has over 60% in care property, allowing it to reduce its withholding tax from 30% to 15%, Cofinimmo is now nearing that threshold.
2020 is now well underway and with the Coronavirus swooping across the globe infecting hundreds, the market is selling off all of the gains it made this year, and then some. The majority of stocks have gone quite a bit lower. However, thanks to their defensive nature, REITs were able to remain relatively steady.
While dividends are susceptible to taxes in most countries, including Belgium -at a whopping 30%- dividend stocks are still a good choice exactly because they can pay a dividend. When you have a core-satellite strategy like I have where you want to allocate a bit of money to generate some alpha this list can be a good starting point. I’ve selected 24 European dividend stocks hat paid dividends consistently over the last 10 years and thus are among the best European dividend stocks and European dividend aristocrats to hold.