3 REITs That Pay You Each Month
Real estate investment trusts (REITs) are an attractive supplement to Social Security and other fixed benefits for many retirees. These publicly and privately held companies are required to pay at least 90% of their taxable income to shareholders in the form of dividends, which typically are higher -- often much higher -- than the income available from savings accounts and certificates of deposits.
And while they carry more market risk than a government-guaranteed savings interest, the publicly traded variety of REITs are quite liquid, and there are about a dozen that have an added attraction: They pay monthly rather than quarterly.
Source Fool.com
