As real-estate investment trusts wind up their second year of deteriorating markets and dwindling rents, investors are asking: How much more financial stress can REITs withstand?
The answer: It's getting a little close for comfort... For the first three quarters of this year, REITs paid an average dividend of 7%, according to the National Association of Real Estate Investment Trusts, the Washington-based trade group, compared with an average dividend of 1.95% for companies in the Standard & Poor's 500 stock index. That helps draw investors to REITs. But when dividends are threatened, many of those investors tend to flee. The issue has huge implications for real-estate stocks.
Thanks to REIS, Inc.
Read the full story: Dividends Look Shaky For Many REIT Shares
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Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
University of Michigan School for Environment and Sustainability (SEAS)
Hunter College, City University of New York (CUNY)
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