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Does a luxury apartment REIT pay a dividend?

As yield goes, the REIT holds its own, paying out a 3.1% dividend to investors. UDR is another luxury-focused apartment REIT, with holdings in virtually every major housing market, including Austin, Boston, Dallas, New York and San Diego. The economic strength of those cities is central to the REIT’s performance outlook.

Are apartment REITs a good investment?

Apartment REITs, or real estate investment trusts, offer opportunities to capitalize on strong housing demand while potentially offsetting stock market volatility. “I like multifamily REITs for the diversification of cash flows,” says Roger L. Gainer, owner of Gainer Financial & Insurance Services in San Rafael, California.

What is apartment Income REIT Corp (AIRC)?

Apartment Income REIT Corp (NYSE: AIRC) is a publicly traded, self-administered real estate investment trust (REIT). AIR's portfolio comprises 76 communities totaling 27,010 apartment homes located in 10 states and the District of Columbia.

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