Friday, December 11, 2015

Attention Retirees: 3 REITs With Yields Over 6.5% to Buy Today | The Motley Fool Canada

Attention Retirees: 3 REITs With Yields Over 6.5% to Buy Today | The Motley Fool Canada: "H&R Real Estate Investment Trust (TSX:HR.UN) is the second-largest REIT in Canada, with 512 office, retail, industrial, and residential properties totaling approximately 46.6 million square feet. It pays a monthly distribution of $0.1125 per share, or $1.35 per share annually, giving its stock a 6.6% yield at today’s levels.

Investors should also note that H&R has maintained this annual rate since 2013, and its consistent funds from operations, including $543 million in fiscal 2014 and $427.1 million in the first nine months of fiscal 2015, could allow it to continue to do so in 2016."



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