3 REITs To Watch In July With Dividends Above 8%


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

While high yield investments are becoming more difficult to find as interest rates remain low, the three following REITs still have dividends above 8% along with potential price growth over the next year. 

Global Net Lease (NYSE:GNL)

Global Net Lease is a diversified REIT with a focus on industrial and office properties. The REIT grew its portfolio from 288 properties in the first quarter of 2020 to 306 properties by the end of the first quarter. The company also grew its revenue each quarter over the last year. 

Even though the REIT’s portfolio, revenue and AFFO have increased since the beginning of 2020, the share price still hasn’t fully recovered to its pre-pandemic level. The most recent analyst price target anticipates roughly 12% upside in price to go along with the REIT’s 8.6% dividend yield. 

American Finance Trust (NASDAQ:AFIN)

This retail REIT has a growing portfolio of single- and multi-tenant retail and distribution properties across the United States and has more acquisitions in the pipeline for 2021. 

While this REIT is carrying a heavier debt load than its peers, it has been improving its capital structure by lowering its average interest rate and extending its debt maturity schedule. It’s also priced attractively with a price to FFO multiple of around 9.4x and a 45% discount to its estimated NAV. 

Between the valuation and the high dividend yield of 10.22%, this REIT could make for an excellent income investment if it continues improving its balance sheet. 

Annaly Capital Management (NYSE:NLY)

Annaly is the largest mortgage REIT in terms of market cap and is sitting on over $85 billion in assets. The company focuses on agency mortgage-backed securities, meaning the majority of its portfolio is guaranteed by the federal government.

Low mortgage rates have brought the REIT’s shares down, but that’s opened up the opportunity for investors to buy the stock at a lower price to book value.

If you have the appetite for the risks that come with mortgage REITs, Annaly is worth taking a look at with its 9.88% dividend yield. 

Investing For Income

High-dividend REITs can provide consistent returns each quarter regardless of what happens with the stock price. As long as the company’s fundamentals remain intact, you can watch your passive income stream continue to grow over time.

Want to learn more about investing in REITs? See How to Invest in REITs

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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