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The Best REIT to Invest $1,000 in Right Now
ORealty Income(O) The Motley Fool·2024-06-29 13:30

Realty Income is still one of the top plays in this out-of-favor sector. Real estate investment trusts (REITs) are usually popular investments for income investors. They purchase a lot of properties, rent them out, and split the rental income with their investors. They also need to pay out at least 90% of their taxable earnings as dividends to maintain a favorable tax rate. Unfortunately, many REITs slumped over the past two years as rising interest rates made it more expensive to buy properties, curbed the ...