Summary: Rexford Industrial Realty is a leading industrial real estate investment trust (REIT) that operates one of the largest industrial property portfolios in the U.S. This guide will show you how to buy Rexford Industrial Realty stock using a renowned online brokerage like eToro.
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About Rexford Industrial Realty
About
With over 40 million square feet of industrial facilities like distribution centers and warehouses, Rexford Industrial Realty seeks to capitalize on the growing population of Southern California and its massive industrial market. The company’s modern facilities generate rental income from contracts with e-commerce, manufacturing, and logistics sectors, providing value for shareholders and generating profit in the long run.
Rexford Industrial Realty is a dividend stock with a dividend yield of 2.71% as of December 2023. It has a market capitalization of $11.86 billion.
Note
How to buy Rexford Industrial Realty stock: step-by-step
Anyone can buy Rexford Industrial Realty stock as it has been publicly listed on the New York Stock Exchange under the ticker REXR since 2013. You can invest in Rexford Industrial Realty with an online brokerage platform in the following five simple steps:
Step 1: Choose a broker
Before you buy any REXR shares, you must find a way into the stock market. The convenient service to achieve this is an online brokerage platform.
To securely buy Rexford Industrial Realty stock (REXR), we recommend you consider eToro:
- Commission-free stock and ETF trading;
- 2,000+ stocks from 17 exchanges;
- Fractional shares available;
- User-friendly platform.
Highly Rated Stock Trading & Investing Platform
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Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
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0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
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eToro USA is registered with FINRA for securities trading.
You might also want to consider investing in other industrial REITs such as:
- STAG (NYSE: STAG);
- Prologis (NYSE: PLD);
- Terreno (NYSE: TRNO);
- Innovative Industrial Properties (NYSE: IIPR).
Step 2: Open and fund your account
After you decide on the brokerage platform, you have to register and verify your account. The platform should give you the instructions to do so via email.
When your verification process is done, you should transfer some funds to your account. You will use that money to buy Rexford Industrial Realty stock using a bank transfer, debit or credit card, or a financial transaction service like PayPal (PYPL).
Step 3: Decide how much you want to invest
Figuring out how much cash you can devote to this investment is a vital step. You need to understand the limits of your budget, as spending beyond that can lead you into financial trouble. To avoid this, make sure you have done the following:
- Paid off all high-interest debt, such as credit cards and personal loans;
- Created an emergency fund that covers at least three months of daily life expenses.
Remember
Step 4: Place your order and buy REXR stock
The next step is to place an order and buy REXR shares. Do the following:
- Step 1: Log into your brokerage platform and navigate to Rexford Industrial Realty’s ticker symbol REXR;
- Step 2: Designate the sum or the number of Rexford Industrial Realty shares you want to purchase;
- Step 3: Select the order type (market order or limit order) and place it;
- Step 4: Confirm the trade order.
Step 5: Monitor and manage your investment
Despite REITs requiring less effort than active stock management, if passive income is your investing objective, you still need to monitor your REIT portfolio.
Observe the property market, the performance of the industrial sector, and Rexford Industrial Realty’s prospects for the future. Having relevant information about your investment is crucial to the overall success of your investment.
REXR stock price today
Pros and cons of buying Rexford Industrial Realty stock (REXR)
Pros
- Reliable income: Investing in Rexford Industrial Realty can provide a stable source of income, as the law mandates REITs to distribute at least 90% of their taxable income to shareholders as dividends;
- Diversification: Buying Rexford Industrial Realty stock is a great way to diversify your investment portfolio. As an industrial REIT, it depends on different factors than the regular stocks;
- Growth potential: The demand for industrial real estate in California is rising, and Rexford Industrial Realty can benefit from this trend. As e-commerce, logistics, and distribution sectors grow, the value of Rexford’s properties will likely rise;
- Liquidity: REIT shares are regularly traded on stock exchanges, unlike physical property, which can be challenging to buy or sell quickly.
Cons
- Interest rate sensitivity: REITs are generally highly sensitive to interest rate changes. If interest rates rise, the cost of borrowing for Rexford will increase, affecting profitability;
- Limited growth: Since REITs are obliged to put over 90% of their income into dividend payments, this heavily limits their growth opportunity and leaves debt as one of the few options for expansion;
- Property-related risks: Rexford’s performance depends on the performance of the industrial real estate it owns. Location, tenant quality, and property management can affect the company’s performance and profitability.
Common mistakes to avoid when buying Rexford Industrial Realty stock
Make sure to avoid these common investing mistakes:
- Lack of research: Research Rexford Industrial Realty and its REIT stock in detail, along with the market state of the property and industrial sectors, before investing;
- Lack of strategy: Set your goals before you spend any money;
- Staking everything on one asset: Always diversify your portfolio;
- Falling prey to scams: Avoid illegal platforms and suspicious deals.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about how to buy Rexford Industrial Realty stock
Where is Rexford Industrial Realty's stock listed?
Rexford Industrial Realty trades under the REXR ticker on the New York Stock Exchange.
How do I buy Rexford Industrial Realty stock?
Investors can buy Rexford Industrial Realty stock using an online brokerage platform like eToro.
Does Rexford Industrial Realty pay dividends?
Yes, Rexford Industrial Realty is a dividend stock with a dividend yield of 2.71% as of December 2023.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
