These Self-Storage REITs Yield Up to 4.9% And Have Track Records of Dividend Growth

Benzinga 2024-04-29

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Self-storage center real estate investment trusts (REITs) are companies that specialize in owning and operating income-generating storage facilities, commonly known as self-storage centers. Self-store center REITs invest in properties where individuals and businesses can rent space to store their belongings, such as furniture, household items, business inventory, and vehicles of all types.

Investors in self-storage center REITs benefit from the income generated through leasing storage units to tenants. The demand for self-storage has been driven by various factors, including residential moves, downsizing, and businesses seeking additional space.

If you're interested in investing in a self-storage REIT, here are two you could buy today.

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