CEO of Tudor Investment Corporation Paul Tudor Jonesthe founder of Company in 1980, is also known for his prediction of Black Monday and for founding the Robin Hood Foundation.
In CNBC’s “Squawk Box,” Jones mentioned that the US economy is likely headed for a recession, although the market could rally depending on how the Russia-Ukraine war plays out.
“Powell has already spoken about pain. I take that as a metaphor for recession. And if we do go into a recession, it’s going to have really negative consequences for a variety of assets,” Jones said said on CNBC’s “Squawk Box.”
Learn more about two equity real estate investment trusts (REITs) from Jones Trades.
Lamar Advertising Co LAMR offers a dividend yield of 5.66%, or $4.80 per share annually on quarterly payments, with a decent track record of increasing its dividends for two straight years.
Lamar Advertising is an equity organized outdoor advertising company real estate investment Trust for US federal income tax purposes. Lamar’s primary source of revenue is leasing advertising space on billboards, buses, shelters, benches, logo signs and airport terminals through short-term agreements.
Lamar reported net income of $517.9 million for the second quarter of 2022 versus $445.1 million for the second quarter of 2021, an increase of 16.4%. Meanwhile, funds from operations (FFO) were $197.6 million compared to $176.2 million in the same period in 2021, up 12.1%.
Crown Castle Inc. IHK offers a dividend yield of 4.59%, or $5.88 per share annually through quarterly payments, with a strong track record of growing its dividends for seven consecutive years.
Crown Castle’s portfolio consists of more than 40,000 cell towers, approximately 115,000 on-air or contracted small cell nodes and approximately 85,000 route miles of fiber, giving the company a…
