Sometimes a high dividend yield is an opportunity, and sometimes it is a red flag. Real estate investment trusts (REITs) generally have high dividend yields, so it can be tough to determine whether that yield is sustainable. The key to determining sustainability is whether the dividend is covered by earnings and whether earnings are going up in general, or down. Here is one REIT with what looks like a sustainable dividend and another whose dividend is somewhat shaky. 

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Simon Property Group (NYSE: SPG) is an operator of malls, premium outlets, and The Mills shopping centers.The company also owns a noncontrolling interest in Taubman Group and an interest in numerous retailers in North America and Europe. As of the end of 2022, the company had an ownership interest in 230 properties containing 184 million square feet.

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Source Fool.com