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High Quality, High Yield, Grab RQI Before The Discount Is Gone

Published Sat, 27 Jun 2020 09:45:00 -0400 on Seeking Alpha

Seeking AlphaDividend Ideas | Financials High Quality, High Yield, Grab RQI Before The Discount Is GoneJun. 27, 2020 9:45 AM ET|| About: Cohen&Steers Quality Income Realty Fund (RQI), Includes: AMT, EQIX, PLD, PLDGP, RFI, VNQ, WELLby: Rida MorwaRida Morwa High Dividend OpportunitiesThe #1 Service for Income Investors and Retirees, 9-10% dividend yield.SummaryWhen the market runs in fear, it is time to buy.
REITs remain undervalued relative to the rest of the market.
We love REITs for their usually high dividends and durable structure.
This CEF invests in lower-yielding REITs, and converts them into a High Dividend Opportunity.
Co-produced with Beyond Saving
In a recent article, REITs On Sale: Time To Buy Like It's 2009, we highlighted the benefits of the REIT structure and why we believe that the market is dramatically underestimating the durability of REITs.
In 2009, the market panicked over anything REIT, pundits were declaring that the commercial real estate market would collapse next and that REITs would be going bankrupt left and right. In hindsight, they were wrong. REITs proved to be very durable, and while cash-flow was disrupted, dividends were cut and many REITs were forced to issue equity at unattractive prices, 2009 was a fantastic year to be buying almost anything REIT.
The key thing that REITs have, that help them weather any economic conditions, is massive amounts of tangible real estate. Real estate is a highly favored asset by banks, because it has a value that isn't set daily in a stock market. It has an actual utility value – land can be used for something and nearly everything we do requires at least some use of land. This makes banks very comfortable with accepting it as collateral, and provides a lot of flexibility for REITs to work with lenders through tough times.
With the COVID economic crisis, REITs find themselves in another unique situation. Many tenants can't or won't pay rent as their businesses are disrupted and... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
COHEN & STEERS TOTAL RETURN REALTY FUND 14.98   0.0 0.00 0.00 6.56
PROLOGIS 84.04   31.2 2.69 2.12 2.55
AMERICAN TOWER 218.85   66.3 3.30 3.68 1.70


Older articles featuring Cohen & Steers Total Return Realty Fund (RFI):
Best Time To 'Load Up' On High Dividends
REITs Hit By 'Second Wave' Of Dividend Cuts
REITs Will Bend, They Will Not Break: Incredible Opportunity At 7% Yield And 9% Discount For RNP
REITs Rally Despite Mounting Dividend Cuts
Bear Market Thoughts: Is Closed-End Fund Investing 'Chasing Yield?'
Realty Income: Monthly Pay Dividend Aristocrat With A Fat Yield
AWP: One Of The Safest High Yields In Today's Market
On Sale: Monthly Pay 6.7% Yield, Rare Discount From RQI
Real Estate CEFs: Satisfying A High-Yield Fix
REIT Sectors From The Lens Of Dividend Investor