Geo Group Inc (The) REIT
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The Geo Group Inc. is a real estate investment trust (REIT) specializing in the ownership and operation of correctional, detention, and community reentry facilities. The company provides secure housing, rehabilitation services, and electronic monitoring for government agencies at the federal, state, and local levels in the United States, Australia, South Africa, and the United Kingdom. GEO operates through four segments: U.S. Secure Services, GEO Care, International Services, and Facility Construction and Design. As a REIT, the company is required to distribute at least 90% of its taxable income to shareholders annually.