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3 REITs With Ultra-Safe Dividends

TheMotleyFool

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Real estate investment trusts (REITs) can be great for generating passive income. Most REITs pay above-average dividends backed by steady rental income.

However, some REIT dividends are safer than others. Three of the safest in the sector are those paid by Prologis (NYSE: PLD), Camden Properties Trust (NYSE: CPT), and Realty Income (NYSE: O).

Prologis is a rock-solid dividend stock. The leading industrial REIT pays a slightly above-average dividend (it yields 1.8% vs. the S&P 500's 1.4% dividend yield). Prologis backs that payout with an exceptional financial profile and a high-quality real estate portfolio.

Source Fool.com

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