4 Great REITs for the Rest of 2022 and Beyond
August 06, 2022 at 05:00 AM EDT
REITs (real estate investment trusts) are still delivering roughly twice the income of the broader market. And that’s just the sector average . Four highly profitable REITs in particular are yielding 4% and up today. We’ll discuss them in a moment. Interest rates are rising, and “common wisdom” says it’s a bad time to buy REITs because they behave like bonds. Wrong. As long as the economy keeps chugging along, and these specific rents are getting paid, then the dividends are going to continue being dished. Period. And we’re all about the dividends here at Contrarian Outlook . S&P Global research notes that rising interest rates “are frequently associated with economic growth and rising inflation, which can indeed be a boon for the real estate sector.… Read more