Published Sat, 08 Aug 2020 07:00:00 -0400 on Seeking Alpha
Seeking AlphaREITsIt's 'Still' Not The Time To Be A High-Yield REIT InvestorAug. 8, 2020 7:00 AM ET|| Includes: ABR, ABR.PA, ABR.PB, ABR.PC, AFIN, AFINP, AHT, AHT.PD, AHT.PF, AHT.PG, AHT.PH, AHT.PI, AMZN, APTS, BHR, BHR.PB, BHR.PD, BRG, BRG.PA, BRG.PC, BRG.PD, BRMK, DHC, DLTR, EPRT, EST, HASI, HT, HT.PC, HT.PD, HT.PE, LADR, PEI, PEI.PB, PEI.PC, PEI.PD, SKT, SNHNI, SNHNL, UMH, UMH.PB, UMH.PC, UMH.PD, WMT, WSRby: Brad ThomasBrad Thomas iREIT on AlphaThe #1 REIT service for investors who strive to SLEEP WELL AT NIGHT SummaryREITs are still a worthwhile category to consider. COVID-19 hasn’t changed that fact.
As the pandemic unfolded, we knew in the early innings that dry powder would be a must.
As tempting as it may be to invest in high-yielding REITs right now, we’re sticking to the plan. That means being laser focused on quality sources of income.
It was March 18, 2020, when I published “Now Is Not the Time to Be a High-Yield REIT Investor.”
Most places across the country had either shut down or were in the process of shutting down for their supposed two-week stint to “slow the spread.” We still had no idea how bad it was going to get.
And indeed, it was going to get worse.
March 18 was a Wednesday. And the S&P 500 wouldn’t bottom out for another three trading days. On March 23, it marked a 35% fall from its February throne.
Charts of 2020 across the board paint quite the picture so far: A craggy mountain range, with January and much of February climbing ever upward. There was really only a little dip at the end of January.
And then, of course, after Feb. 20, it was all downhill from there.
We’ve climbed since then, of course. Today, the S&P is very close to reclaiming everything it lost. And though the Dow is recovering more slowly, the tech-heavy Nasdaq has clearly surpassed itself.
Knowing all that opens up one of those moments – the kind when one person can easily see the glass as half-full while... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|PENNSYLVANIA REAL ESTATE INVESTMENT TRUST||5.68||0.0||-1.81||0.84||14.58|
|ARBOR REALTY TRUST||12.77||9.1||1.40||1.16||9.21|
|TANGER FACTORY OUTLET CENTERS||16.50||21.4||0.77||1.42||8.35|
|HERSHA HOSPITALITY TRUST||15.01||0.0||-0.54||1.12||7.42|
|ASHFORD HOSPITALITY TRUST||3.22||0.0||-1.82||0.24||7.34|
|PREFERRED APARTMENT COMMUNITIES||14.60||0.0||-1.61||1.05||7.19|
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