
If I were to own a REIT, American Tower Corporation (AMT) would be at the top of my list. It's an interesting, stable business that appears to be relatively safe (certainly much more so than something like a mall REIT in 2020). The company is a market leader and has a strong history of compounding investors' capital and increasing dividends. While the current yield is just 1.7%, for investors that don't require large amounts of immediate income, I think AMT is a solid choice to add to one's portfolio going forward.
American Tower Corporation rents out land and telecommunications towers to carriers, and can have up to three tenants renting out the same land and tower at the same time. Tenants are generally charged based on how much of the tower they're using, although second and third tenants can often pay more than the first "anchor" tenant.
READ FULL ARTICLE HERE

