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Glossary entry · What you own

REIT

Definition

Real Estate Investment Trust. A company that owns and operates income-producing real estate (office buildings, apartments, malls, hotels, data centers) and trades on a stock exchange like a stock. By law, REITs must distribute most of their income as dividends, so they tend to have high dividend yields.

Example

A US REIT might own thousands of apartments across the country and pay a 4-6% dividend yield.