Real estate investment trusts are historically one of the best-performing asset classes. The FTSE NAREIT Equity REIT Index is what most investors use to gauge the performance of the U.S. real estate market. As of March 2024, the index's 10-year average annual return was 6.93%.
Therefore, fundamentally strong REITs, Gaming and Leisure Properties, Inc. (GLPI), VICI Properties Inc. (VICI), and Ladder Capital Corp (LADR) with over 5% dividend yields might be worthy buys for passive income.
