Today we’re going to discuss the secret to double-digit annual returns every year, forever, with secure real estate investment trusts (REITs).
We income-seekers love REITs for a simple reason: high dividends! The typical REIT yields twice as much as the average S&P 500 stock. That’s mainly because these trusts receive reliable recurring revenue—they simply collect the checks that roll in every month, take out enough to maintain the buildings and then send the rest to us.
And some REIT dividends are true standouts in today’s low-yield world, like the 5.5% thrown off by warehouse landlord W.P. Carey (WPC).
WPC is a two-time winner in our Contrarian Income Report service’s portfolio, having returned a tidy 28% in dividends and gains in 12 months in its first tour and a steady 16% return in 14 months (and counting) in its second.… Read more