Sunday, November 29, 2015

Boost Your Monthly Income With 1 of These 3 REITs | The Motley Fool Canada

Boost Your Monthly Income With 1 of These 3 REITs | The Motley Fool Canada: "Brookfield Canada Office Properties (TSX:BOX.UN) owns 26 “premier” office properties in the downtown cores of Toronto, Calgary, Ottawa, and Vancouver, comprising of approximately 20 million square feet. It pays a monthly distribution of $0.1033 per share, or $1.24 per share annually, giving its stock a 4.7% yield at today’s levels.

It is also very important for investors to note that Brookfield has raised its annual dividend payment for five consecutive years, but its decreased amount of adjusted funds from operations, including a 15.9% year-over-year decline to $81.8 million in the first nine months of fiscal 2015, may cause this streak to end in 2016."



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