Regency Centers: Avoid Common Stock, Consider Preferred Shares for Dividend and Growth

Regency Centers Corporation has a solid performance, strong tenant mix, and peer-leading AFFO growth supporting their dividend, but I rated them a Hold. Despite this, don't ignore their preferred shares. The company has a strong growth pipeline and a diverse portfolio of over 370 properties across the US. They have a history of delivering on their dividend and growth projections, making them a stable investment option.