Co-produced with Beyond Saving for High Dividend Opportunities
Washington Prime Group (WPG) is a mall REIT that is beaten down and trading at highly opportunistic valuations. Investors have been very negative on anything that is retail related, despite the fact that WPG has made significant progress in re-positioning their portfolio and is set to return to growth soon. No credit is being given by Mr. market for this progress. The dividend yield is today sky-high at 18.5% and unlikely to be reduced anytime during the year 2019. The bears have been betting on