2 Retail REITs With Yields Up to 6.4%

Retail real estate investment trusts (REITs) specialize in owning and managing retail properties, including shopping centers, malls, strip malls, and other retail spaces. Retail REITs generate revenue through leasing space to retailers, making them a popular choice for investors seeking income.

As is the case with all REITs, retail REITs are required to distribute a significant portion of their income to shareholders in the form of dividends, making them a popular choice for investors seeking income.

Here are two retail REITs with yields up to 6.4% that you could buy today.

Pre-IPO Offer: Get A Piece Of A Nearly $5T Global Opportunity By Joining BOXABL As An Early Shareholder At Just $0.80/Share

• Massive Demand & Disruptive Potential – Boxabl has received interest for over 190,000 homes, positioning itself as a major disruptor in the housing market.
• Revolutionary Manufacturing Approach – Inspired by Henry Ford’s assembly line, Boxabl’s foldable tiny homes are designed for high-efficiency production, making homeownership more accessible.
• Affordable Investment Opportunity – With homes priced at $60,000, Boxabl is raising $1 billion to scale production, offering investors a chance to own a stake in its growth.

Share Price: $0.80

Min. Investment: $1,000

Valuation: $3.5B

Click Here To Invest For Just $0.80/Share ($1000 Min)

Saul Centers

Saul Centers BFS owns and manages a portfolio of 61 commercial properties, including 50 community and neighborhood shopping centers, seven mixed-use properties, and four development properties, containing approximately 9.8 million square feet. The majority of its properties are located in the metropolitan Washington, D.C. and Baltimore area.

Saul Centers currently pays a quarterly dividend of $0.59 per share, equating to an annualized dividend of $2.36 per share and giving its stock a yield of about 6.4% at the time of this writing. The company has also raised its annual dividend payment nine times in the last 10 years, making it both a high-yield and dividend-growth play.

Don't Miss:

• Investing in real estate just got a whole lot simpler. This Dara Khosrowshahi-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100.
• Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. A platform backed by industry giant Marcus & Millichap is changing that, allowing individuals to invest in commercial real estate with as little as $5,000.

Simon Property Group, Inc.

Simon Property Group SPG owns and operates more than 250 shopping centers across North America, Europe, and Asia, including properties in the top 25 U.S. markets based on population. Its properties are home to more than 3,000 leading brands, including Dick's Sporting Goods, Gap, Lululemon, Macy's, Neiman Marcus, and Tiffany & Co.

Simon Property currently pays a quarterly dividend of $1.95 per share, equating to an annualized dividend of $7.80 per share and giving its stock a yield of about 5.1% at the time of this writing. The company has also raised its dividend each of the last two years, and its hike last month has it on track for 2024 to mark the third consecutive year with an increase.

Read Next:

• Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. A platform backed by industry giant Marcus & Millichap is changing that, allowing individuals to invest in commercial real estate with as little as $5,000. 
• Collecting passive income from real estate just got a whole lot simpler. A new real estate fund backed by Dara Khosrowshahi gives you instant access to a diversified portfolio of rental properties, and you only need $100 to get started.

Image Credit: Shutterstock