Income Investors: Consider These 13 High-Yielding, Healthy REITs
We looked for real estate investment trusts (REITs) worthy of attention. These operations are financially healthy and growing.
With the commercial and residential real estate markets bottoming out, now is an opportunity to ride the wave on up with REITs.
Additionally, given the nature of REITs, collecting dividend payments is an added bonus. By law, REITs have to pass on 90 percent of their taxable income to stockholders.
Below are 5 REITs that you should consider for your fixed-income portfolio.
Here is what we found:
PS Business Parks (PSB):
This full service real estate company that specializes in leasing, property management, acquisition and development. As of February 2011, PSB traded on a 42.39 P/E ratio, and yields 1.76 percent, with a market cap of $1.41 Billion. PSB is growing and expanding, with several properties in Arizona, California, Florida, Maryland, Oregon, Texas, Virginia and Washington. Shares trade at $56.97 at the... Read more