4 High-Yield REITs To Buy In A Low-Yield Bond Environment

Stocks have recovered from a major sell-off after the United Kingdom’s decision to leave the European Union, but the Brexit is still affecting the financial world. The bond market is seeing historically low yields, which is driving investors towards other investment opportunities. REIT’s provide investors with an opportunity for income by paying out almost all their earnings as dividends.

These 4 REITs are all highly ranked by Zacks, and hold high dividend yields that could provide much better returns than the yields on long-term bonds:

City Office REIT (CIO - Snapshot Report)

As a real estate investment trust, CIO focuses on acquiring, owning, and operating office properties in the southern and western United States. CIO currently holds a Zacks Rank #2 (Buy), and offers a significant dividend yield of 7.14%.

CIO also has a B for its Growth Style Score, and has projected sales growth of 24.44% for the current year. There have been 2 analysts that have raised their current year EPS estimates in the last 60 days for the company, pushing the estimate from $0.14 up to the current level of $0.19.

Apple Hospitality REIT Inc. (APLE - Snapshot Report)

Apple Hospitality REIT Inc. is a real estate investment trust with a portfolio consisting of hotels, guest rooms, and resorts. The trust primarily operates in the US, and is headquartered in Richmond, VA. APLE is currently a Zacks Rank #1 (Strong Buy), and offers a dividend yield of 6.35%.

The company has seen a solid amount upward EPS estimate revision activity as of late, with 4 analysts raising their estimates in the last 60 days. This activity has pushed the current year’s estimate from $1.73 up to $1.77. As it stands, APLE is projected to see 11.64% EPS growth this year.

Sotherly Hotels Inc. (SOHO - Snapshot Report)

Sotherly Hotels Inc. is a real estate investment trust focused on the acquisition, renovation, upbranding, and repositioning of upscale and upper-upscale full-service hotels primarily located in the Mid-Atlantic and Southern United States. SOHO is currently a Zacks Rank #1 (Strong Buy) and offers a dividend yield of 6.38%.

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