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It’s called a REIT. The dividend is rental income for real estate developers. Let me guess...you thought 2013 was the top?
by tempsy 7y ago
It’s called a REIT. The dividend is rental income for real estate developers.
Let me guess...you thought 2013 was the top?
- aguyfromnb 7y agoI know what a REIT is. Maybe you could explain how rental income is spinning off 15% cash a year? Do you think real estate is a magic industry that returns 15% annually, unabated? Why are these friendly real-estate developers sharing that money with you?
- tempsy 7y agoThat is just how REITs are structured. They are investment vehicles designed to pay out dividends to their investors that come from rental income.