Previous close | 68.06 |
Open | 68.43 |
Bid | 68.45 x 1100 |
Ask | 68.80 x 1000 |
Day's range | 67.79 - 68.81 |
52-week range | 62.50 - 75.40 |
Volume | |
Avg. volume | 3,950,125 |
Market cap | 41.276B |
Beta (5Y monthly) | 0.80 |
PE ratio (TTM) | 79.13 |
EPS (TTM) | 0.87 |
Earnings date | 01 Aug 2022 - 05 Aug 2022 |
Forward dividend & yield | 2.96 (4.35%) |
Ex-dividend date | 29 Apr 2022 |
1y target est | 76.88 |
While all real estate investment trusts (REITs) must pay a dividend to maintain their tax-advantaged status, not all of them can sustain their payouts when times get tough. Issues ranging from declining rental income streams, high dividend payout ratios, and overleveraged balance sheets can cause a REIT to reduce its dividend. Three of the safest dividends in the REIT sector are those paid by Camden Property Trust (NYSE: CPT), Prologis (NYSE: PLD), and Realty Income (NYSE: O).
Real estate investment trusts, or REITs, can be an excellent investment for both income and growth. For investors who aren't quite sure where to get started, here are some great beginner-friendly ideas for your first $1,000.
Let's look at three real estate investment trusts (REITs), Realty Income (NYSE: O), Public Storage (NYSE: PSA), and Digital Realty Trust (NYSE: DLR), that can help beef up your global exposure. Realty Income owns more than 11,000 properties that are net leased to tenants. The REIT is the sixth-largest in the MSCI US REIT index and owns properties in all 50 states, Puerto Rico, Spain, and the United Kingdom.