Promises of dividend-based income, competitive market performance, inflation protection, and exposure to high-quality properties make real estate investment trusts (REITs) an important diversification tool for investors. Our latest addition to the Best Real Estate Dividend Stocks List is a 4.3% yielding REIT, which has increased its dividend every year that it’s been operational.
REITs have historically outperformed stocks during economic downturns. With the United States economy teetering on the brink of recession, according to the Atlanta Federal Reserve Bank, investors are increasingly turning to assets that can provide competitive returns. REITs offer juicy dividend yields, in part because they are legally required to distribute the vast majority of their income to shareholders.
Our latest reaffirmation ticks these boxes and operates a unique business model in one of America’s booming industries: self-storage units. If you’ve been trying to get exposure to the $39.5 billion U.S. self-storage market, now’s your chance.
To make room for this self-storage specialist, we had to remove a leisure and luxury-property-focused REIT this week.
You can check out the Best Real Estate Dividend Stocks List to explore all the stocks.
