Robinhood offers access to a variety of REITs (Real Estate Investment Trusts) that pay dividends, allowing investors to potentially earn regular income from real estate investments.
These dividends can be paid out on varying schedules, but most commonly are paid on a quarterly basis. Check out these REITs that pay dividends monthly.
While popularity can vary over time, here are a few examples of popular REITs available on Robinhood that have historically paid dividends:
Realty Income is a well-known REIT that focuses on commercial real estate properties. It has a long history of consistently paying monthly dividends, making it popular among income-oriented investors.
Digital Realty Trust specializes in data center and colocation facilities. It operates globally and provides mission-critical infrastructure to technology companies. DLR has a track record of paying regular dividends to its shareholders.
American Tower is a REIT that owns and operates wireless communication towers. It leases space on these towers to telecommunications companies. AMT has a history of paying dividends and is a significant player in the communication infrastructure industry.
Public Storage is a self-storage REIT that owns and operates storage facilities across the United States. It generates revenue by renting storage units to individuals and businesses. PSA has a consistent dividend payment history and is a recognized leader in the self-storage industry.
Simon Property Group is a REIT focused on owning and operating shopping malls and premium outlet centers. It has a significant presence in the retail real estate sector and has a track record of paying dividends to its investors.
Please note that the popularity and availability of specific REITs may vary over time. Additionally, the dividend payments of REITs can be influenced by various factors, including the performance of the underlying real estate assets and market conditions.
When using Robinhood, investors can explore the available REITs and access information about each REIT's dividend history, yield, and other relevant details. It's advisable to conduct thorough research, review each REIT's financial health, understand the underlying real estate assets, and assess their suitability for your investment goals and risk tolerance.
Diversification across different REITs and other asset classes is typically recommended to manage risk and potentially enhance returns in a well-rounded investment portfolio.
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