This REIT Is Paying a Monster Dividend in 2022
While money doesn't grow on trees, they can still be a great investment. Just ask timberland owner Weyerhaeuser (NYSE: WY). The real estate investment trust (REIT) cashed in on higher lumber prices last year to generate record cash flow. That's enabling it to pay out a monster dividend to investors this year.
Here's a look at payment trends and what investors can expect from the timberland REIT in the future.
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Source Fool.com
