Real estate investment trusts (REITs) afford individuals the opportunity to invest in real estate. Typically REITs are massive in scale and are income producing. REITs can be diverse or focus on a specific segment. Some may concentrate on residential buildings and can narrow the focus between high-income and low-income; others may be commercial, industry-specific or land-based. It’s been proven historically that real estate tends to be a safe investment during times of recession and inflation. W
The U.S. inflation rate has surged to levels not seen since the early 1980s. This has had profound ramifications for investors. Sectors such as technology have slumped as folks demand profits and cash flow today rather than growth in the future. Meanwhile, out of favor industries such as energy and natural resources have roared back to life. Real estate investment trusts (or REITs) should find themselves among the winners in this transition. A large part of this is because of how REITs operate.
Weyerhaeuser Company (NYSE: WY) today announced that its board of directors declared a quarterly base cash dividend of $0.18 per share on the common stock of the company, payable in cash on September 16, 2022, to holders of record of such common stock as of the close of business on September 2, 2022.