Invest Like Donald Trump: Manhattan REIT with 5.6% Yield

Reported 7 months ago

To invest like Donald Trump, consider Manhattan's largest office landlord, SL Green Realty Corp. (NYSE:SLG). SL Green pays a monthly dividend of $0.25 per share, roughly 5.6% annualized at the time of writing. While the dividend has varied, the company focuses on retaining cash flow and distributing 100% of taxable income. With real estate investment trusts (REITs) and other alternatives, investors can enter the real estate market despite challenges like high interest rates. Trump's wealth-building strategy, which includes ventures in New York and Florida, offers insights for potential investors.

Source: YAHOO

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