Rexford Industrial: A Great Bargain With Up To 6.4% Yield
REXRRexford Industrial Realty(REXR) Seeking Alpha·2024-09-02 21:15
ISergMany REITs remain bargains despite the recent uptick in price in anticipation of a rate cut in September. That’s likely because the market is still latched onto high-flying growth stocks that pay investors little to no yield for holding on to them. A better idea may be to get both meaningful income and growth at the same time. This brings me to Rexford Industrial (NYSE:REXR), which currently offers a 3.3% yield and growth prospects to boot. I last covered REXR in February, noting its strong track r ...