Interest rates are trending lower, which means real estate investment trusts (REITs) are rallying. These “bond proxies” tend to move alongside bonds and opposite rates.
If you believe the economy is likely to continue slowing, then select REITs are intriguing income plays here.
Of course we’re not looking to buy a pedestrian ETF. We are here for the dividends, the bigger the better! Our mandate is income so let’s review five REITs paying up to 13.2%.
This post originally appeared at Contrarian Outlook.