Get Paid While You Wait: 3 Top Dividend Stocks in the Mortgage REIT Space
In the hunt for dividend yield, mortgage real estate investment trusts (mREITs) are the heavyweights of the stock market. While the sector struggled mightily in the initial days of COVID-19 lockdowns due to margin calls, these mREIT stocks are all back on their feet, albeit with smaller balance sheets and dividends.
Despite every company in the space cutting dividends, these stocks still provide some handsome yields. Here are three mREIT names worth watching.
Mortgage REITs are a different animal than the typical REIT like Simon Property Group or Equity Residential. These companies build properties and then rent them out to tenants. They earn their return from rental payments minus the interest expense on their debt.
Source Fool.com
