3 High-Yield REITs That Have Made Me a Ton of Money
A lot of people flock to high-growth stocks for their potential money-making abilities, but I prefer to invest in high-yielding dividend real estate investment trusts (REITs). Not only do they offer me a passive income stream with above-average returns, but I also gain access to the diverse real estate industry.
Three high-yielding REITs that have made me a lot of money over the years are Plymouth Industrial REIT (NYSE: PLYM), Federal Realty Investment Trust (NYSE: FRT), and Innovative Industrial Properties (NYSE: IIPR). Here's a closer look at how these REITs made me richer.
Plymouth Industrial REIT is a fairly young REIT, having gone public in 2017. It remains somewhat under the radar within the industrial REIT sector. Unlike many of its larger peers that focus on class A distribution and logistics centers in the largest metro markets, Plymouth specializes in operating and leasing light industrial, small bay industrial, and logistics and distribution centers in secondary markets, as well as a few select primary markets.
Source Fool.com
