This Unloved REIT Has a “Strong Buy” Rating (and Pays a 10.6% Dividend)

The recent sell-off of prison real estate investment trusts (REITs) has pushed firms like the one I'll discuss today to an incredible discount and a hefty dividend that is hard to ignore (10.6%). Today, I want to approach this subject by looking at the numbers. I’m not an advocate, and I’m not planning on owning this REIT in the future. But I will make the case that this REIT is sharply undervalued due to a misplaced narrative driven by emotion over reason. And you can decide for yourself if it’s worth buying or not… Tags: REITs To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post This Unloved REIT Has a “Strong Buy” Rating (and Pays a 10.6% Dividend) appeared first on Money Morning - We Make Investing Profitable .