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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 | |||||||
WHITESTONE REIT | 13.84 | 25.2 | 0.55 | 1.14 | 8.62 | |||||||
TANGER FACTORY OUTLET CENTERS | 16.50 | 21.4 | 0.77 | 1.42 | 8.35 | |||||||
LADDER CAPITAL | 17.14 | 12.1 | 1.42 | 1.36 | 7.96 | |||||||
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 | |||||||
UMH PROPERTIES | 13.64 | 0.0 | -1.18 | 0.72 | 5.26 | |||||||
HANNON ARMSTRONG | 27.95 | 32.5 | 0.86 | 1.34 | 4.96 | |||||||
WAL-MART STORES | 116.92 | 26.3 | 4.44 | 2.12 | 1.83 | |||||||
AMAZON.COM | 1843.55 | 76.5 | 24.10 | 0.00 | 0.00 | |||||||
DOLLAR TREE | 111.94 | 0.0 | -6.60 | 0.00 | 0.00 |
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