3 Reasons Self-Storage REITs Are Great Dividend Stocks

By operating in a stable industry, sporting above-average yields, and having a clear advantage over competitors, self-storage REITs are a great place to look for income investments. But there is still work to be done -- mainly breaking down the individual businesses -- so I will not be buying today.

With an average yield of 3%, self-storage REITs like Public Storage (NYSE: PSA), Extra Space Storage (NYSE: EXR), and Sovran Self Storage (NYSE: SSS) are intriguing income investments. However, to support their dividend payments, these companies need opportunity. Luckily, the self-storage industry has plenty.

Source: Motley Fool

Related Articles:
- 5 Dividend Stocks That Gave Me A 20%+ Annualized Return
- 6 Rainy Day Dividend Stocks
- When A Stock Fails To Raise Its Dividend: Is It Time To Sell Intel?
- 4 Dividend Stocks For A Confident And Secure Future
- High-Yield, High-Return Investments To Increase Income While Waiting On Dividend Growth