Real estate investment trusts, or REITs, make excellent investments for income-seekers as well as investors who are looking for long-term growth. However, not all REITs are the same. Here are three that are some of the best in the sector and make excellent additions to any long-term investor's stock portfolio.
If you're not familiar with real estate investment trusts, or REITs, they're companies that invest in real estate assets -- either properties or mortgages -- with the intention of generating income from those assets to distribute to shareholders. If a REIT distributes at least 90% of its taxable income as dividends, it won't be taxed at the corporate level, which is why REITs are generally some of the highest-paying dividend stocks in the market.
There are REITs that specialize in all kinds of property types, including warehouses like featured REIT Prologis does. Image source: Getty Images.
Source: Fool.com