By Malcolm Stacey | Monday 1 November 2021
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Hello, Share Takers. A company with the initials REIT after its name can be good news for shareholders. That’s because such firms have an obligation to pay out much of profit by way of dividends. REIT stands for Real Estate Investment Trust, in other words an outfit that owns, operates or finances income-generating property. Modelled after mutual funds, REITS offer income for investors but have a bigger task offering asset appreciation.
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