These five REITs ranked as the top performers over the past two decades.
Real estate investment trusts (REITs) can be very enriching investments, especially over the long term. REITs have historically outperformed stocks over periods of more than 20 years. A big driver of those above-average returns is their growing dividends.
Several REITs stand out for enriching returns over the past two decades:
AMT Total Return Level data by YCharts
To look at those returns through a different lens, these REITs have grown a $10,000 investment made 20 years ago into between $162,580 and $324,090, assuming dividend reinvestment. Here’s a closer look at some factors driving their ability to enrich their investors.
Towering returns
SBA Communications (SBAC -0.83%) is an infrastructure REIT focused on communications infrastructure, like cell towers. The company has grown rapidly by developing and…