“Risky” Dividend Trio Dishing Up to 12.6%, Now Safe Thanks to Fed?
August 23, 2024 at 05:00 AM EDT
In case you haven’t heard, the Federal Reserve is about to cut interest rates. That is big news for this trio of dividend payers, dishing between 11.1% to 12.6% per year. These stocks survived the high-rate cycle. Are they about to thrive as the Fed eases? Yeah, probably—so long as the Fed doesn’t also put them out of business in the process! Let me explain… Mortgage REITs (mREITs): High Risk, Even Higher Dividends Mortgage real estate investment trusts, colloquially known as mREITs, are a real estate niche When we think about REITs , we typically picture equity REITs. They own (and sometimes operate) physical real estate like apartments, strip malls, hospitals, ski resorts.… Read more