A lot of people flock to high-growth stocks for their potential money-making abilities, but I prefer to invest in high-yielding dividend real estate investment trusts (REITs). Not only do they offer me a passive income stream with above-average returns, but I also gain access to the diverse real estate industry. Three high-yielding REITs that have made me a lot of money over the years are Plymouth Industrial REIT (NYSE: PLYM), Federal Realty Investment Trust (NYSE: FRT), and Innovative Industrial Properties (NYSE: IIPR).
Innovative Industrial Properties has been raising its payouts at a much faster rate than other, more established dividend stocks.
The S&P 500 index has dipped 21% so far this year. This is why I think panicking over the recent stock market crash is missing the forest for the trees. There are many stocks that have performed even better than the S&P 500.