Shares of REITs are trading lower as Treasury yields rise following March inflation data. A rise in yields has pressured income-paying stocks.
Portfolio Pulse from Benzinga Newsdesk
REIT shares are trading lower due to rising Treasury yields following March inflation data, impacting income-paying stocks.
April 10, 2024 | 5:45 pm
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NEGATIVE IMPACT
Boston Properties' shares are likely trading lower as rising Treasury yields pressure income-paying stocks like REITs.
As a REIT, Boston Properties is affected by the rise in Treasury yields, which typically pressures income-paying stocks by making their dividends less attractive in comparison.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Equity LifeStyle Properties' shares are trading lower due to the negative impact of rising Treasury yields on REITs.
Equity LifeStyle Properties, being a REIT, is negatively impacted by the increase in Treasury yields, which makes the fixed income from REITs less appealing.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Four Corners Property Trust sees a decline in share price as a result of the adverse effects of rising Treasury yields on REITs.
As Treasury yields rise, income-paying stocks like Four Corners Property Trust face pressure, making their dividend yields less attractive compared to safer Treasury bonds.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Hudson Pacific Properties' stock is negatively impacted by the increase in Treasury yields, which pressures REITs.
The rise in Treasury yields has a negative impact on Hudson Pacific Properties by making the yields on REITs less competitive compared to bonds.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Innovative Industrial Properties experiences a drop in share price due to the pressure from rising Treasury yields on REITs.
The company, being a REIT, is adversely affected by the rise in Treasury yields, which diminishes the attractiveness of its dividend yield.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Iron Mountain's shares are trading lower as the company, a REIT, is impacted by the rising Treasury yields.
The increase in Treasury yields negatively impacts Iron Mountain by making its income-paying stock less attractive, as investors may prefer the higher yields of Treasury bonds.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
MDJH shares are likely affected by the general downturn in REITs due to the pressure from rising Treasury yields.
As a company involved in real estate, MDJH is likely impacted by the rise in Treasury yields, which makes the fixed income from REITs less appealing to investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
National Retail Properties' shares are trading lower in response to the adverse effects of rising Treasury yields on REITs.
The company's shares are affected by the rise in Treasury yields, which pressures income-paying stocks like REITs by making their dividends less attractive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
National Storage Affiliates' stock price is negatively impacted by the rising Treasury yields, which pressure REITs.
As Treasury yields rise, the attractiveness of REITs like National Storage Affiliates decreases, leading to a potential decline in stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Redfin's shares are trading lower, likely impacted by the broader downturn in REITs due to rising Treasury yields.
Although not a traditional REIT, Redfin's involvement in real estate could mean its shares are impacted by the same factors affecting REITs, such as rising Treasury yields.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Simon Property Group's shares are trading lower as the REIT sector faces pressure from rising Treasury yields.
As a leading REIT, Simon Property Group is directly impacted by the rise in Treasury yields, which makes the fixed income from REITs less appealing.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Terreno Realty's shares are trading lower due to the negative impact of rising Treasury yields on the REIT sector.
The company, being a REIT, faces pressure from the rise in Treasury yields, which makes its dividend yield less attractive compared to Treasury bonds.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Welltower's shares are trading lower as the company, a REIT, is negatively impacted by the rising Treasury yields.
Welltower is affected by the rise in Treasury yields, which pressures income-paying stocks like REITs by making their dividends less attractive in comparison to bonds.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80