Monday, November 30, 2015

Want Monthly Income? These 3 Top REITs Pay You 12 Times Per Year | The Motley Fool Canada

Want Monthly Income? These 3 Top REITs Pay You 12 Times Per Year | The Motley Fool Canada: "Choice Properties Real Est Invstmnt Trst (TSX:CHP.UN) is one of the largest owners of commercial real estate in Canada with 515 properties comprising of approximately 41.4 million square feet of gross leasable area. It pays a monthly distribution of $0.054167 per share, or $0.65 per share annually, giving its stock a 5.5% yield at today’s levels.

It is also very important to note that Choice Properties recently announced a 3.1% increase to its annual distribution to $0.67 per share, its first increase since it went public in July 2013, and this is effective for its January 29, 2016 distribution, which is payable on February 16, 2016."



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