3 REITs With a Hidden “Double Shot” of Upside (With 62%+ Dividend Growth)
February 15, 2022 at 04:00 AM EST
There’s a “double shot” of upside waiting for us in real estate investment trusts (REITs) right now, and some of these companies—like the 3 we’ll discuss below—are so stuffed with cash they can’t hike payouts fast enough! REITs are among our favorite dividend plays because: They’re “pass through” entities— REITs own property ranging from apartments to seniors’ homes and malls. They simply collect rent checks, take out enough to keep the buildings in good shape, then hand the rest to us. They pay zero corporate tax, so long as they pay out 90% of their net income as dividends. This tax “hall pass” means even more dividends (and faster dividend growth!) … Read more