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Posted by
Two Blokes Jun 21 -
Filed in
Stock
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Avoid high-yield REITs like Sachem Capital Corp. and Gladstone Land Corporation due to unsustainable dividends and deteriorating fundamentals. Sachem Capital faces declining earnings, rising non-performing loans, and a recent dividend cut, signaling further risk of another reduction. Gladstone Land's payout ratio is unsustainably high, with shrinking AFFO per share and a falling share price, making its yield a "sucker yield."
