Intermediate
Dividend yield traps and the total return test
A high dividend yield may signal opportunity, distress or an outdated payment assumption. Test the business and the whole return before treating the yield as income...
Read articleFOLITIC / REITs
REITs Investment Guide
Understand property businesses, read REIT financial results and assess the price of income. Follow eight stages from ownership and leases to valuation, portfolio construction and advanced research.
Start with What you own when you buy a REIT, then follow the next lesson links. Explore 32 lessons with worked examples, exercises and further reading.
Explore the learning path
Browse by topic
Yield traps · All lessons
Valuation and Returns
Compare income yields, property values and the price paid for growth.