2024-07-01 07:00:00 ET
Summary
- Avoid owning Granite Pointe Mortgage, Service Properties Trust, and Global Net Lease due to poor dividend history and price erosion.
- Focus on high-quality REITs like Realty Income, Agree Realty, and VICI Properties for consistent performance and dividend growth.
- Diversify your REIT portfolio to mitigate risks and take advantage of opportunities in the market. Utilize dollar cost averaging to reduce basis.
In case you missed it, I wrote two articles last week.
One was titled “ Who Else Is Avoiding These 3 High Yielding REITs ” in which I suggested investors should avoid owning Granite Pointe Mortgage ( GPMT ), Service Properties Trust ( SVC ) and Global Net Lease ( GNL ).
All three of these REITs have a poor dividend history, and subsequently they have all experienced substantial price erosion.
The second article I wrote – also focused on high yield – was titled “ Who’s Buying These High Yield REITs? ”
Unlike the previous article I referenced, this one was targeting speculative higher yielding REITs such as Arbor Realty ( ABR ), Starwood Property Trust ( STWD ) and Ladder Capital ( LADR )....
Read the full article on Seeking Alpha
For further details see:
3 Of The Most Popular REITs And Why You Should Own Them