The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/you-might-consider-some-reits-real-estate-12014634.aspx

Subject:  Re: Looking for Equities that pay Dividends Date:  2/19/2000  4:05 PM
Author:  brucedoe Number:  19280 of 76421

You might consider some REITS (Real Estate Investment Trusts) that are pretty well beaten down in this market. One good one is BRE (NYSE, symbol BRE) that specializes in apartments in CA, AZ, OR, and NV. They pay a 6.9% dividend at a PE of 15. Value Line says that although this is not a timely stock, it is undervalued by almost any measure you want to look at it. In recent years, they have increased their dividend every year.

Another one I like is Washington Real Estate Investment Trust (NYSE, symbol WRE), a diviserified REIT specializing in the Washington, D.C. - Baltimore area that pays a similar dividend at a PE of 11. It has raised its dividend for 28 consecutive years (that means through the 1973-1974 Nixon stock market).

A third one I have is United Dominion Real Estate (NYSE, symbol UDR) that is paying a dividend over 10% at a PE of 20. It also is an apartment REIT that has specialized in the SE in the past but has expanded into Texas and is increasing holdings elsewhere. I'm a little concerned they are getting too spread out so I wouldn't put all my money into it. They have increased there dividends for more than 20 years.

With such stocks you get a good income while you wait for capital appreciation. You might go to the library and look at Value Line. They will even give you a list of dividend paying stocks.

brucedoe
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us