These High-Yield Dividend Stocks Have Rallied Nearly 40% Over the Past Year. Is it Too Late to Buy?
Iron Mountain(IRM) The Motley Fool·2024-10-05 19:35
REITs have been in recovery mode. The National Association of Real Estate Investment Trusts (NAREIT) recently released performance data for REITs. The sector has delivered a strong return this year. REITs outperformed the market in the third quarter, rising 16.8%. That continued their strong run over the past year, with the FTSE Nareit All Equity REIT Index rallying 39.1%. That's a strong return for a sector known for paying high-yielding dividends. The average REIT currently yields around 4%, compared to l ...