What could be better than receiving a raise every year? How about getting more cash in your pocket, and increasing your net worth?
Owning high-quality REITs (real estate investment trusts) with track records of consistently growing dividends is a proven strategy that delivers income today and rewards you with attractive gains for retirement, too.
Let’s consider three well-known REIT names to show how dividend growth can drive price appreciation, and generate outsized returns. There is no magic formula. It really boils down to common sense. A dividend cut or stagnant pay-out can spell disaster, while a growing dividend rewards investors two ways.
Well-Covered Dividends Matter
Real estate investment trusts own hundreds or even thousands of properties, with an enormous number of restrooms, parking lots and roofs that must be maintained. …