2 Ultra-High-Yield REIT Stocks to Buy Hand Over Fist and 1 to Avoid
If you're looking for an ultra-high yield on Wall Street, one great place to start your search is the real estate investment trust (REIT) sector. These companies are, literally, built to pass income on to shareholders. For conservative investors, Realty Income (NYSE: O) and its 5.8% yield is a good choice. For more aggressive sorts, EPR Properties (NYSE: EPR) could be attractive, given its even higher 7.7% yield. But be careful not to overreach and buy Annaly Capital (NYSE: NLY) and its 13.7% yield.
Here's what you need to know.
Realty Income has increased its dividend annually for 29 consecutive years. Although dividend growth has been modest over time, at roughly 4.3% a year, it has clearly been a highly reliable dividend stock. As for the financial foundation, the company's balance sheet is investment grade-rated.
Source Fool.com
