REXR - 3 REITs: One For Yield One For Growth And One For A Bit Of Both
2024-02-22 22:29:42 ET
Summary
- Realty Income offers a safe, robust yield.
- Rexford Industrial Properties' portfolio of infill properties in Southern California provides the company with a long growth path.
- National Storage Affiliates provides a combination of high yield and growth potential.
High interest rates have had a negative impact on REITs, but (hopefully) "The Times They Are A-Changin'." The hint that the rising-rate cycle was near an end sent REITs and other dividend payers valuations soaring in October and November, only to fall, albeit at a moderate pace, as we headed into 2024....
3 REITs: One For Yield, One For Growth, And One For A Bit Of Both