If dividend income is your goal, few sectors offer better opportunities than real estate investment trusts (REITs). By law, REITs must distribute dividends of at least 90% of taxable income to their shareholders. Our latest addition to the Best Real Estate Dividend Stocks List is a leading REIT with thousands of self-storage facilities across the United States. Our pick has increased dividends for more than 10 consecutive years. Investors have until Friday, March 31, to capitalize on the strategy and earn their next dividend payout of $0.49 per share.
You can check out the Best Real Estate Dividend Stocks List to explore all the stocks.
A combination of solid revenue growth, consistent profitability and growing demand for self-storage units makes our pick a potential value play for income investors. Although our pick operates in an increasingly competitive market, it has positioned itself as a top consumer pick for self-storage facilities.
To make room for our self-storage REIT, we’ve moved on from an apartment-focused REIT that has lost momentum in recent months.
