Advertisement
New Zealand markets closed
  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     
  • NZD/USD

    0.5934
    -0.0000 (-0.01%)
     
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • OIL

    82.92
    -0.44 (-0.53%)
     
  • GOLD

    2,329.20
    -12.90 (-0.55%)
     

2 Ultra High-Yield Stocks to Avoid Like the Plague in 2023

2 Ultra High-Yield Stocks to Avoid Like the Plague in 2023

Many companies are realizing they don't need as much office space as they once did. Because of that, many office-focused real estate investment trusts (REITs) are facing challenges when they seek to lease their available space as existing agreements expire. Occupancy and rental rates are under pressure, which is forcing many office landlords to consider reducing their dividends and conserve cash.