Top Performing High Yield REITs For 2012
By Tim Plaehn: The Vanguard REIT Index ETF (VNQ) is the largest REIT focused ETF and the fund provides an easy way to invest in a diverse portfolio of REIT stocks. However, VNQ is heavily weighted toward the larger REIT companies. To find some individual REIT stocks which provide an opportunity to outperform the ETF, I went looking for individual companies which have done better than VNQ so far in 2012 - through the end of May. A manual screening produced 27 REIT stocks that have outperformed VNQ and each has a dividend yield at least 0.5% greater than the current ETF yield of 3.42%. Year-to-date, VNQ is up 7.78% compared to a 4.73% gain for the SPDR S&P 500 ETF (SPY). There is not enough time or usefulness to discuss 27 different stocks, so here are the ones with the most outstanding results over the first five months of 2012: Sun Communities,Complete Story »
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