Real estate can be a great income-producing investment. Commercial properties tend to produce relatively steady income for their investors as tenants pay rent. Rent isn't the only income stream a property can produce. Many real estate investment trusts (REITs) are using their roofs to generate even more income by installing solar panels.
That's giving them additional income that they can use to support their dividends. Stag Industrial (NYSE: STAG), Prologis (NYSE: PLD), and Extra Space Storage (NYSE: EXR) are among the notable REITs using their roofs to generate solar energy to earn some additional income.
Source: Yahoo Finance
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These Dividend Stocks Are Turning to the Sun to Generate More Income
Posted by D4L | Tuesday, January 23, 2024 | ArticleLinks | 0 comments »________________________________________________________________
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