3 Industry-Leading High-Yield REITs to Buy With $1,000 and Hold Forever

The S&P 500 index (^GSPC 0.30%) average yield is just 1.2% today. You can do much better than that without too much effort. For example, sector-leading real estate investment trusts (REITs) Realty Income (O), Prologis (PLD 1.96%), and AvalonBay (AVB 0.41%) have yields that range from 2.9% to 5.5% at their current share prices. You can find higher yields than 5.5% in the REIT sector, but what you won't easily find are industry-leading performers like Realty Income, Prologis, and AvalonBay. Here's why each is ...