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September 01, 2020 10:27am
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Jay Powell’s Favorite 2020 Dividend Play? Probably These REITs (Paying Up to 6.5%)

Real estate investment trusts (REITs) have momentum now. And don’t let their terrific 2019 scare you—next year is setting up to be even better thanks to Jay Powell’s gang of doves! I’ll reveal three strong REITs for 2020 at the end of this article. Together they give you growing dividends that double (and even triple) the market’s payout. And to be honest, one isn’t exactly a REIT—it’s a REIT-owning closed-end fund (CEF) that drops a huge 6.5% dividend into your account every month . REITs: The Ultimate Rate-Proof Play First, no matter what Jay Powell says, you can take this to the bank: more rate cuts are on the table as the on-again, off-again trade war lingers and the president batters the poor fellow tweet by tweet.… Read more
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