Real estate investment trusts, or REITs, have become a solid option for investors looking to generate dividend-based income. REITs offer the benefits of real estate investing and the ease of trading in public markets without the hassle or risk of acquiring property. When economic conditions deteriorate, gaining exposure to this sector could pay significant dividends. Our latest reaffirmation in the Best Real Estate Dividend Stocks List is a REIT focused on self-storage facilities. Investors have until Friday, September 30 to implement the strategy to earn the next regular dividend payout of $0.43 per share.
Thanks to favorable earnings growth, strong financials and the continued expansion of third-party managed stores in its network, our pick remains well positioned to outperform the market. Income investors will also be happy with our pick’s forward dividend yield and proven track record of delivering higher payouts. Our pick provides a good balance of growth and predictability with 10+ years of solid dividend increases.
You can check out the Best Real Estate Dividend Stocks List to explore all the stocks.
