27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
For investors seeking a steady stream of monthly income, real estate investment trusts (REITs) that pay dividends on a monthly basis emerge as a compelling financial strategy. Let's check out two with yields up to 7.2%.
Whitestone REIT
Whitestone REIT (NYSE:WSR) owns and manages a portfolio of 55 open-air retail centers containing approximately five million square feet of gross leasable area in some of the fastest growing markets in the U.S., including Phoenix, Austin, Dallas-Fort Worth, Houston, and San Antonio.
Whitestone currently pays a monthly dividend of $0.04125 per share, equating to an annual dividend of $0.495 per share, which gives its stock a yield of about 4.2% at the time of this writing.
In addition to offering a high yield, Whitestone has a track record of raising its dividend. It has raised its dividend each of the last two years, and its 3% hike in March has it on track for 2024 to mark the third consecutive year with an increase.
Don't Miss:
- Investing in real estate just got a whole lot simpler. This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100.
- Elon Musk Is Bullish On Austin. Here’s How To Invest In The City’s Growth Before He Floods It With New Tech Workers.
LTC Properties
LTC Properties (NYSE:LTC) is a REIT that invests primarily in senior housing and healthcare properties. Its portfolio consists of 202 properties, including 124 assisted living facilities and 77 skilled nursing facilities, across 26 states with 29 operating partners as of December 31, 2023.
LTC currently pays a monthly dividend of $0.19 per share, equating to an annualized dividend of $2.28 per share, which gives its stock a yield of about 7.2% at the time of this writing.
LTC has maintained its current monthly dividend rate since October 2016, which means investors should consider it a reliable source of income.
Read Next:
- Want To Grow Your Wealth Passively? These High-Yield Real Estate Notes Might Be Your Holy Grail
- Miami Is Expected To Take New York's Place As The US Financial Capital. Invest In It With $500 Before That Happens.
Image Credit: Shutterstock
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!