SHLDQ - Our 'Top Preferred Stock Pick' 9% Yield And Big Upside From Pennsylvania REIT
Co-produced with Beyond Saving and PendragonY for High Dividend Opportunities.
Mall REITs across the board have been under siege as high-profile bankruptcies like Bonton (BONT) and Sears Holdings (OTCPK:SHLDQ) have led to vacancies and elevated capital expenditures.
"The Mall" is changing: the oversized box stores with aisle after aisle of things that are perpetually "on sale" have failed to attract the loyalty of modern consumers.
Once upon a time, Sears was a destination that consumers set out for, whether the kids needed back-to-school clothes, dad needed some tools, mom wanted