Author Bio
Reuben Gregg Brewer believes dividends are a window into a company s soul. He tries to invest in good souls.
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Federal Realty Investment Trust (NYSE:FRT) are down 30% so far in 2020. That s terrible but they are also down nearly 50% from their 2016 highs, so pandemic-hit 2020 is just a continuation of a longer trend. With the stock near 10-year lows, is Federal Realty a buy, or should investors stay away?
An incredible record
The first thing that investors need to know about Federal Realty is that this real estate investment trust (REIT) has a dividend history that is nothing short of spectacular. Its dividend record puts it into Dividend Aristocrat land, a designation that starts at a mere 25 consecutive annual dividend increases. Federal Realty s dividend streak is up to 53 consecutive years, a record that few companies, let alone REITs, can match. That included an increase in 2020, a period that forced many REITs to trim their d
Plaza Oaxaca to open in Rockville Town Square in February
‘Authentic Mexican cuisine’ cornerstone of new restaurant
December 18, 2020 | 3:28 pm
December 19, 2020
Screenshot from website
Plaza Oaxaca, a Mexican restaurant, is expected to open in February in Rockville Town Square.
In a press release on Friday morning, landlord Federal Realty Investment Trust announced the restaurant will open at 141 Gibbs St. and provide “authentic Mexican cuisine to Rockville through their traditional food.”
The restaurant plans to host live music and dance nights when it is safe to do so after the public health emergency ends.
The 4,500-square-foot restaurant is owned by Cecilia Pastor and Maria Barragan.
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A new restaurant that will serve authentic Mexican fare and hand-crafted cocktails is coming to Rockville Town Square next year. (Google Earth)
ROCKVILLE, MD Plaza Oaxaca, a new restaurant that will serve authentic Mexican fare and hand-crafted cocktails, is coming to Rockville Town Square next year.
The 4,500-square-foot restaurant is slated to open at 141 Gibbs St. in February, according to Federal Realty Investment Trust, the company that manages Rockville Town Square. It will join neighborhood favorites such as La Canela, Spice Xing, and Peter Chang.
Plaza Oaxaca will be the first restaurant in Rockville for co-owners Cecilia Pastor and Maria Barragan, who hail from Oaxaca, Mexico. The pair says they plan to host live music and dance nights once health conditions allow.
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