Dividend Harvesting: Weathering Market Volatility with a Focus on REITs
Investing in the stock market can be a rollercoaster ride, especially during times of economic uncertainty. However, my Dividend Harvesting Portfolio held steady through the recent market fluctuations, experiencing a decline of only 0.79%. This performance is a testament to the effectiveness of my diversification strategy and the strength of the real estate investment trusts (REITs) I’ve chosen.
Undervalued REITs: VICI Properties, NNN REIT, and Rithm Capital
I’ve been actively seeking out undervalued REITs that offer strong long-term growth and stability. Three REITs that I’ve recently added to my portfolio are VICI Properties, NNN Realty Investment Trust, and Rithm Capital.
VICI Properties
VICI Properties (VICI) is a real estate investment trust that focuses on gaming, hospitality, and entertainment. The company’s diverse portfolio includes properties such as casinos, hotels, and theaters. Despite the challenges presented by the COVID-19 pandemic, VICI Properties has continued to generate steady revenue through its resilient business model.
NNN Realty Investment Trust
NNN Realty Investment Trust (NNN) is a leading owner and operator of single-tenant commercial properties. The company’s portfolio consists of more than 1,100 properties, and it has a strong track record of increasing dividends annually. NNN’s tenants are typically large, creditworthy corporations, which provides a stable revenue stream for the REIT.
Rithm Capital
Rithm Capital (RITH) is a specialty finance REIT that invests in single-family rental properties. The company uses a data-driven approach to identify and acquire homes in growing markets. Rithm Capital’s portfolio consists of over 1,300 properties, and it has a strong focus on technology and innovation. The REIT’s use of technology to manage its properties and tenant relationships is a key differentiator in the crowded single-family rental market.
Dividend Income: $20.49 and Forward Projected Annualized Dividend Income of $2,017.65
This week, my Dividend Harvesting Portfolio generated $20.49 in dividend income. With the addition of these new REITs, my forward projected annualized dividend income has increased to $2,017.65.
The Impact on Me
As a long-term investor, I’m focused on building wealth and generating consistent income. My Dividend Harvesting Portfolio is an essential part of my financial plan, and I’m pleased to see it performing well despite market volatility. The steady dividend income provides me with a reliable source of passive income, which I can use to cover living expenses or reinvest in my portfolio.
The Impact on the World
The performance of my Dividend Harvesting Portfolio is just one small piece of the larger global economic puzzle. While the stock market can be influenced by a variety of factors, including interest rates, geopolitical tensions, and economic indicators, the resilience of REITs like VICI Properties, NNN Realty Investment Trust, and Rithm Capital is a positive sign for the global economy.
These REITs provide essential services and infrastructure, such as housing, entertainment, and commercial properties. Their ability to generate consistent revenue and pay dividends, even during times of economic uncertainty, is a testament to the strength and stability of the global economy.
Conclusion: Diversification and Long-Term Thinking
My Dividend Harvesting Portfolio’s performance during the recent market volatility underscores the importance of diversification and long-term thinking. By focusing on undervalued REITs like VICI Properties, NNN Realty Investment Trust, and Rithm Capital, I’ve been able to weather the market fluctuations and generate consistent income. These REITs not only provide a reliable source of passive income for me but also contribute to the stability of the global economy.
As a long-term investor, I remain optimistic about the future of the stock market and the potential for continued growth and income generation. By staying informed, staying disciplined, and focusing on undervalued assets, I believe I can continue to build wealth and achieve my financial goals.
