REIT Roll Is Still Going Strong
17 July 2002 - 5:00am
Mortgage real-estate investment trusts have been on a tear over the past two years, posting explosive double-digit returns. And the party isn't over just yet...
Despite the group's big run-up over the past two years, the sector still boasts a 13.4% dividend yield on average, even now. This factor alone is enticing for investors, given that a number of high-profile market experts, such as billionaire investor Warren Buffett and bond guru Bill Gross, are predicting annual stock returns of only 7% and bond returns of 5% to 6% over the coming years...
Full Story:
REIT Roll Is Still Going Strong
Source:
REIS, July 16, 2002
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