With inflation hovering at nearly 40-year highs, investors are increasingly relying on dividend stocks to cushion their portfolios against the loss of purchasing power. If we’re talking dividend yields, few industries are as competitive as real estate investment trusts (REITs). Our latest addition to the best real estate dividend stocks list is a retail-focused REIT, yielding 5.6%, which is higher than the real estate sector average.
Thanks to its strong focus on long-term triple-net (NNN) leases, extensive vetting of tenants and a vast portfolio of essential goods retailers, our pick is a compelling option for defensive-minded investors. Our pick isn’t involved in the volatile residential property market nor is it exposed to retailers whose business will be affected by the business cycle. For investors, this means low default risk and high occupancy rates – two highly attractive features when investing in REITs.
To make room for our middle-market-focused REIT, we’ve booked profits and sold off our holdings of an automotive and convenience store-focused REIT.
You can check out the Best Real Estate Dividend Stocks List to explore all the stocks.
