Here is a FASTGraph for SKT:
Here are the reasons I like SKT:
- Great price, undervalued
- 5% dividend yield
- Steady, consistent growth in cash flow the past 20 years!
- Excellent credit rating
I really like REIT investments for my IRA. The high dividends are not taxed, and I reinvest them directly. This creates a compounding machine for the portfolio. As a % of the overall portfolio, REITs now account for 17.2% of the portfolio. Here are my REIT holdings:
I'm still looking to add at least one more REIT in the healthcare or storage spaces...I like PSA and HCA, but both are still above my buy point.......