Reported 4 months ago
The article discusses the underperformance of real estate investment trusts (REITs) in the S&P 500 due to higher interest rates, highlighting top REITs like Realty Income, Extra Space Storage, and Mid-America Apartment Communities currently trading 15% below their 52-week high. These REITs offer high dividend yields, with Realty Income at over 6%, Extra Space at over 4.5%, and Mid-America at over 4.5%. The article suggests that these dividend-paying REITs are on sale with potential for income growth and strong upside as interest-rate pressures ease.
Source: YAHOO