3 REITs Yielding Over 7% You Can Take To The Bank

Did you know that over 36% of US publicly traded REITS either cut or slashed their dividends during the pandemic? This combination of dividend cuts and demand from yield-hungry investors has led to bottom-of-the-barrel yields across the industry. The Vanguard Real Estate ETF (VNQ) , which is a solid proxy for the REIT market, now pays only a 2.2% dividend yield, well below historic averages. It shows the importance of finding high-quality, well-managed REITs that can sustain their dividend payments, even in the throes of a financial disaster. I’m here to tell you that despite the dividend cuts, there are still plenty of attractive high-yielding REITs out there. … Read more