CUZ - Looking For Income Now? Consider These 2 Sun Belt REITs

2024-07-23 15:00:00 ET

Summary

• Age is a key factor when choosing between income now vs later. In my opinion older investors should focus on immediate income.
• Highwoods Properties offers a 7.2% yield with potential for capital appreciation, while Cousins Properties provides a 5.3% yield and upside potential as well.
• Both REITs have strong balance sheets, attractive dividends, and potential for growth, making them suitable for income-focused investors.
• Most investors want to hold companies that offer dividend growth as well as capital appreciation. But this may not be the best investment strategy for older investors near the traditional retirement age.
• The average life expectancy in the U.S. is roughly 80 years old with the full-retirement age 66. With 14 years to enjoy retirement, dividend growth may not be the best investment tactic.

Introduction

When I think of collecting income now vs later, I always think of the old JG Wentworth commercials. I have a structured settlement and I need cash now, call JG Wentworth 877-CASH-NOW! I remember watching those growing up and after all these years, I still remember them like it was yesterday. I don't watch too much TV nowadays, so maybe they're still showing?...

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