Boost Your Income With REITs Yielding 8-12% | The Motley Fool Canada: "Residential REIT
First up, is Northview Apartment REIT (TSX:NVU.UN), which costs about $18 per unit and has an 8.9% yield. It owns and manages residential properties primarily in resource provinces, and that’s why its shares are down.
I don’t think its yield is in jeopardy though. Its funds-from-operations payout ratio is only 70%, so there’s a margin of safety protecting its distribution."
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