Long-term capital appreciation from stocks is one of the best ways to save for retirement. The three real estate investment trusts (REITs) that we'll discuss, Iron Mountain (NYSE: IRM), Blackstone Mortgage Trust (NYSE: BXMT), and Macerich Co (NYSE: MAC), all have strong dividend yields over 5%, and could be the new backbone of your portfolio. Iron Mountain is a combo REIT.
These two real estate investment trusts boast safe, market-beating dividend yields of 3.3% and 5.1%, respectively.
Iron Mountain's (IRM) second-quarter top line rises year over year, driven by solid performance of the storage and service segments, and the data-center business. It reaffirms 2022 guidance.