- Despite the name change and transformative open-air shopping center portfolio acquisition, I still believe buy-and-hold investors should avoid RTL due to misaligned interests between external management and shareholders.
- RTL's nearly 12% dividend yield may look enticing, but the 7.8% yield of its preferred series A shares is far safer and more reliable.
- I provide an update on RTL's portfolio now that most of the open-air retail portfolio acquisition is complete.
- I also explain why RTLPP is the better buy for buy-and-hold income investors.
For further details see:
The Necessity Retail REIT Preferred Shares Offer A Safely Covered 7.8% Yield