5 Top REITs Yielding Up to 15.2%

For years, I’ve collected monthly rental income from a type of investment called real estate investment trusts (REITs). These firms allow ordinary people to invest in rental properties without the headache of dealing with tenants. The business is pretty easy to wrap your head around: REITs buy properties, collect rent from tenants, and pass on the income to unitholders. Firms may specialize in different niches, from commercial and office holdings to retail and residential real estate. And thanks to an assortment of tax advantages, these partnerships pay out yields from five percent to as high as 15%. With that in mind, let’s dig into some of my favorite players in this space...

Empire State Realty Trust Inc (NYSE:ESRT) owns a collection of tier-one office buildings in the Greater New York Area. Lamar Advertising Company (NASDAQ:LAMR) owns over 340,000 displays across the continent, which generate tidy monthly income. Iron Mountain Inc (NYSE:IRM) operates the ultimate cash cow business. Senior Housing Properties Trust (NYSE:SNH) has positioned itself right smack dab in the middle of this bonanza. Finally, bargain shoppers may want to take a second look at Washington Prime Group Inc (NYSE:WPG).

Source: Income Investors

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