2 REITs That Cut You a Monthly Paycheck
Real estate investment trusts (REITs) are a good deal for the trust operators themselves -- who get a big tax benefit by passing at least 90% of the REIT's taxable income on to shareholders in the form of dividends -- and the shareholders, who get the dividend income as well as any growth in the stock price itself. The majority of the more than 200 publicly traded REITs out there pay quarterly, but there are a handful that pay monthly, which is a nice way to smooth out the income stream.
Of course, the trusts have to make money to share money. Here are a couple of REITs with good track records to consider for a monthly dividend.
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Source Fool.com
