By Marc Lichtenfeld Though real estate investment trusts (REITs) generally pay solid dividend yields, many investors are still scared of them.
Understandably so…
While the broad market is only 3% off its all-time high, the real estate sector, as measured by the iShares U.S. Real Estate ETF (NYSE: IYR), is still 20% from its high.
W.P. Carey (NYSE: WPC) is down more than 24% from its high. It sports a 6% yield, but how safe can a real estate dividend be in this economy?
It makes sense that investors would want nothing to do with a commercial real estate play considering that retailers like Brooks Brothers, J. …read more
