Dividends4Life: Top 5 REITs For A 100-Year-Old

Top 5 REITs For A 100-Year-Old

Posted by D4L | Wednesday, October 12, 2022 | | 0 comments »

Terrible title? Many corporations are well over 100-years-old. Our laws treat corporations as people (sometimes better than people), so this is fair game. Terrible, but still fair. Your next objection might be that a great investment is great regardless of the owner’s age. Good objection. I concur. The best REITs to own are the ones that deliver the best total returns while you own them. That should be your goal whether you’re 20 or 100. Therefore, you can take this as a list of five top REITs at current valuations.

I’m going to start with Sun Communities (SUI). SUI owns manufactured home parks, RV parks, marinas, and holiday parks in the UK.Terreno Realty (TRNO) comes next. At $58.06, shares are a great deal. Crown Castle (CCI) trades $162.60, which is 21.8x forward AFFO. That’s actually cheap for CCI over the last several years. Prologis (PLD) is another great industrial REIT. It's the largest in the sector with a massive global footprint. Essex Property Trust (ESS) is a dividend champion apartment REIT. Their portfolio is built in California and Seattle.

Source: Seeking Alpha

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