GLPI - Dividend Boosts Lift REITs

• U.S. equity markets rallied to all-time highs this past week, propelled by a historically strong slate of corporate earnings, encouraging coronavirus trends, and economic data showing muted inflationary pressure in early 2021.
• Adding to its nearly-5% rally in the prior week, the S&P 500 gained 1.3% on the week but was again outpaced by a continued surge from the high-flying Small-Cap and Mid-Cap indexes.
• Real estate equities delivered another solid week following another jam-packed week of strong earnings reports and dividend boosts. Equity REITs gained nearly 2% with 17-of-19 property sectors in positive territory.
• Eight REITs boosted their dividends this week, bringing the total to 18 so far this year as the "redemption tour" continues for the real estate sector following a disappointing 2020.
• Zillow surged nearly 30% this week after reporting stellar fourth-quarter results which saw record-levels of traffic on its website. Zillow expects "an even stronger housing market this year" as homes are "flying off the shelves."

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