|Bid||11.19 x 1800|
|Ask||11.50 x 1400|
|Day's Range||11.19 - 11.53|
|52 Week Range||8.42 - 22.88|
|Beta (5Y Monthly)||1.97|
|PE Ratio (TTM)||47.92|
|Earnings Date||Nov 01, 2022 - Nov 07, 2022|
|Forward Dividend & Yield||0.60 (5.22%)|
|Ex-Dividend Date||Aug 18, 2022|
|1y Target Est||11.86|
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Real estate investment trusts have rallied over the past eight weeks, but a prominent REIT index remains down 12% year to date.
Long-term capital appreciation from stocks is one of the best ways to save for retirement. The three real estate investment trusts (REITs) that we'll discuss, Iron Mountain (NYSE: IRM), Blackstone Mortgage Trust (NYSE: BXMT), and Macerich Co (NYSE: MAC), all have strong dividend yields over 5%, and could be the new backbone of your portfolio. Iron Mountain is a combo REIT.
The Macerich Company ( NYSE:MAC ) shareholders should be happy to see the share price up 14% in the last month. But...