2024-03-24 07:00:00 ET
Summary
- Certain monthly-paying REITs provide a reliable source of income with consistent dividend payments.
- Realty Income, Agree Realty, LTC Properties, and Gladstone Land are recommended as reliable monthly-paying REITs.
- These REITs have a track record of positive earnings growth and consistent dividend payments.
There are just some things you can't count on.
Too many things, if you ask me. Including the weather.
Have you checked your weather app recently?
There's "rain likely Friday evening," only for Friday evening to come with crystal-clear, star-filled skies.
Or how about politicians?
They promise you the world and then take the world for themselves.
Though, come to think of it, maybe that does make them reliable since they're so dependable in their bad behavior across the political spectrum.
Maybe we need to stop being so reliable in voting them in without any consequences.
(Okay, no politics here on Seeking Alpha, I promise)
That aside, here are a few categories you really, really can't count on:
- Economic estimates (how often have those been wrong the last few years?)
- Initial economic reports (since they're revised every other month)
- Economists (this stands to reason since the estimates and initial reports are wrong)
- World peace (sorry, but I just don't see that happening any time soon)
- Your fellow drivers (particularly from certain states that shall not be named)
- The Federal Reserve.
Perhaps especially the Federal Reserve with its initial and prolonged claims of "transitory inflation" - despite all appearances to the contrary. Then the markets were constantly expecting the Fed wouldn't raise rates further… even while it kept doing exactly that....
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Counting On Monthly Mailbox Money To Sleep Well At Night