The Best High-Yield REIT to Buy With $1,000 Right Now
Realty Income has a long history of growing shareholder value.
Overview
Investing in real estate investment trusts (REITs) can be a great way to build long-term wealth. They typically offer higher-yielding dividends, which grow over time. That growth and income combo can add up to significant total returns over the long term.
Realty Income (NYSE: O) is the perfect example of the wealth-creating power of a top high-yielding REIT. It has grown its high-yielding payout at a 4.1% compound annual rate since its public market listing in 1994, supporting a strong 13.6% annualized total return. With more growth likely, it's one of the best high-dividend REITs to buy with $1,000 right now.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.