Corecivic Inc


These 3 High-Yield REITs Pay 8%, 10%, and 12% Dividends

The ongoing spread of the COVID-19 coronavirus has investors flocking to safety.

Gold prices hit a seven-year high Thursday, while U.S. Treasury yields plunged yet again.

The 10-year bond hovered at 1.53% – a pittance for investors who are looking out on a decade horizon.

The option of gold – which doesn't pay a yield – also isn't the most attractive option for anyone seeking income.

And things are only going to get more challenging for income-seeking investors in the months ahead...


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…