By Marc Lichtenfeld I’ve been getting a lot of emails about REITs lately. These are companies that own various forms of real estate and by law must pay out 90% of their profits in dividends.
As a result, the dividend yields on REITs are higher than the yields on most stocks.
REITs typically invest in a specific area in real estate. You can find REITs that are focused on shopping malls, apartments, student housing, cellphone towers, data centers, senior care facilities, private prisons, industrial properties, self-storage, mortgages and more.
Together, REITs own $3 trillion worth of real estate in the U.S.
They each have benefits and challenges …read more
