10 REITs for Passive Income in 2023

By Mark Roussin, CPA – Dec 29, 2022 at 7:08AM

NYSE: O

Realty Income

Market Cap

$48B

Today's Change

(-0.27%) -$0.15

Current Price

$54.98

Price as of May 20, 2024, 4:00 p.m. ET

These 10 REITs are all high-quality and trading at great valuations.

In today's video, I will look at 10 of my top real estate investment trusts (REITs) for 2023. All 10 are high-quality REITs and pay safe dividends, which are reliable as you build your passive income stream. Some, like Realty Income (O -0.27%), even pay monthly dividends. REITs are a great way to diversify your portfolio and gain real estate exposure as well.

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*Stock prices used were end-of-day prices of Dec. 27, 2022. The video was published on Dec. 28, 2022.

Mark Roussin, CPA has positions in Alexandria Real Estate Equities, AvalonBay Communities, CubeSmart, Prologis, Realty Income, and Vici Properties. The Motley Fool has positions in and recommends Alexandria Real Estate Equities, American Tower, Digital Realty Trust, and Prologis. The Motley Fool recommends AvalonBay Communities and Vici Properties. The Motley Fool has a disclosure policy.

Mark Roussin is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.