Real estate investment trusts (REITs) have been under pressure since the beginning of the year, but now could be the perfect time open a position in one.
As the Vanguard real estate ETF VNQ has fallen by around 30% since the beginning of the year, many real estate funds have been pulled further down than the industry itself. For example, UMH Properties is down about 41% year-to-date, while General Income Properties is down only about 3.53% year-to-date.
Learn more about these two REITs with yields above the risk-free rate.
- General Income Properties Inc. GIPR offers a dividend yield of 10.69%, or 65 cents per share annually through monthly payments, with a mixed track record of growing its dividends. This was managed internally real estate investment The Company is focused on acquiring and managing revenue-generating retail, office and industrial properties on net leases to high-quality tenants in key markets in the United States. At 30 $35.5 million. His tenants include Starbucks SBUX and La Z Boy LZB.
- UMH Properties Inc. UMH offers a dividend yield of 4.95%, or 80 cents per share annually using quarterly payments, with a track record of increasing its dividends once over the past year. The Company owns and operates a portfolio of 132 prefab communities with approximately 25,000 developed homes, in ten states.
