|Bid||28.53 x 2900|
|Ask||29.30 x 800|
|Day's Range||28.59 - 28.99|
|52 Week Range||13.10 - 31.58|
|Beta (5Y Monthly)||2.02|
|PE Ratio (TTM)||43.82|
|Forward Dividend & Yield||0.85 (2.96%)|
|Ex-Dividend Date||Dec 03, 2020|
|1y Target Est||N/A|
When most people think of investing in a real estate investment trust (REIT), there's a good chance they think of equity REITs that own physical commercial real estate like apartments, office, retail, or industrial properties, but that's not the only type of equity REIT to invest in. Weyerhaeuser (NYSE: WY), one of four timberland REITs, takes a different approach to real estate, investing in land and energy. Unlike many equity REITs, 2020 has proven to be a positive year for the company, with share prices up just over 116% since March.
National Real Estate Investor talks to stakeholders who say positive industrial real estate fundamentals are driving asset values to record highs, particularly "last mile" properties in core urban markets. Creative thinkers with some investing power may be able to identify possible properties and tenants in their markets, and we can all buy real estate investment trusts (REITs). Why it matters: Restaurants, from the biggest chains to the mom-and-pops, are a big part of real estate investors' portfolios of all kinds, including REITs.
This timberland REIT is taking a page out of the dividend playbook used by a growing number of commodity producers.