Better Buy: Realty Income vs. Regency Centers
The financial sector has been pummeled in 2020 in reaction to efforts to stem the coronavirus pandemic. Banks and real estate investment trusts (REITs) -- especially mortgage REITs -- have underperformed the markets in general and many have fallen further than the market in general.
Have these REITs been sold to the point where they are cheap enough to invest in? Let's take a look at two of these retail REITs and see what they have to offer and which might be the better buy.
Realty Income (NYSE: O), aka the Monthly Dividend Company, is one of the stalwarts of the retail REIT sector. Realty Income is a triple-net lease company, which means the tenant is responsible for taxes and maintenance. Triple-net leases are generally the lowest risk for the REIT, and often carry longer terms with automatic rent escalators.
Source Fool.com
