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It's 'Still' Not The Time To Be A High-Yield REIT Investor

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
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


Older articles featuring Pennsylvania Real Estate Investment Trust (PEI):
6 Reasons To Ditch High Yield REITs
Fun With COVID: My Dividend Growth Portfolio In 2020
Phoenixes Rising: 3 Future High Yielders
Dividend Cuts And Overdue Rent: REIT Earnings Recap
Dividend Cuts And Overdue Rent: Previewing REIT Earnings Season
Dividend Cuts And Overdue Rent: REIT Earnings Recap
Whether The The Great Reach For Yield Experiment Has Failed
Forget About Juicy Dividend Yields
Our High Yield REIT Portfolio - Optimizing Rebound Potential
Now Is Not The Time To Be A High-Yield REIT Investor