Boost Your Monthly Income With 1 of These 3 REITs | The Motley Fool Canada: "Milestone Apartments Real Estate Invt Tr (TSX:MST.UN) owns 61 multi-family residential properties in the United States, comprising of approximately 19,908 leasable units. It pays a monthly distribution of $0.05417 per share, or $0.65 per share annually, giving its stock a 4.1% yield at today’s levels.
Investors should also note that Milestone has maintained this monthly rate since April 2013, which was its first full month as a public entity, but its increased amount of adjusted funds from operations, including 31.1% year-over-year growth to US$44.38 million in the first nine months of fiscal 2015, could allow for an increase within the next few months."
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