Some REIT preferred shares are yielding around 7% with roughly 60–80x preferred dividend coverage. 🟢 Agree Realty $ADC-A — 6.78% yield, 78.6x coverage 🟢 Digital Realty $DLR-J — 7.14% yield, 79.1x coverage 🟢 Rexford Industrial $REXR-C — 7.00% yield, 58.3x coverage Obviously the upside is limited with these preferred shares- But the risk/reward ratio is in favor of the conservative income investor at these levels, especially if you look at them relative to some of their peers.
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