Real estate investment trusts (REITs) are dirt-cheap–but hurry if you like dividends. These generous payers may not be in the bargain bin for much longer.
REITs trade more like bonds than stocks, so they tend to hold up well in recessions. Their dividends, ignored during AI bubbles, come back in vogue as easy money dries up.
So here we go–bargain city! Vanguard’s vanilla REIT index dishes three times the yield of the broader market right now!
This post originally appeared at Contrarian Outlook.