Residential REIT With Yield Over 4%

Real estate is one of the world’s most popular investments, but buying and managing a rental property is simply not for everyone. Fortunately, there are real estate investment trusts (REITs) that offer the benefits of owning residential properties without the hassles that come with purchasing a property or managing tenants. With this in mind, let’s take a look at the following residential REIT with yield over 4% that you could buy today.

Recent Purchase: Morguard (MRT.UN.TO)

On June 16, 2017 I initiated a new position in Morguard. Morguard is a well diversified Canadian REIT. I purchase 70 units at $14.80 per unit. The REIT pays a monthly distribution of $0.08 per unit, representing $0.96 per unit on an annualized basis, giving it a yield of about 6.4% at today's levels. This purchase will add $5.60 per month or $67.20 per year in dividend income.

Get Yields of 4.9% from These 2 Restaurant Stocks

Did you know that you could earn passive income from some of Canada’s most popular restaurant brands by investing in public entities that own their trademarks? Let’s take a closer look at two that you could buy now.

2 Stocks Yielding up to 7.4% to Buy for Income

Many investors are turning to monthly dividend stocks to supplement their monthly income, because traditional sources of income, such as GICs, term deposits, and bonds, yield next to nothing these days. With this in mind, let’s take a closer look at two great income stocks you could buy today.

Portfolio Value Update - May 2017

Portfolio Value
What's going on, guys? Another month passed by and it's time for me to report my dividend investing progress.

As of May 31, 2017 my investment portfolio balance stood at $43,611.13. That’s an increase of $643.64 from last month. Not much of an increase, considering new capital allocation and dividends. I'm currently behind my goal of reaching $50,000 by the end of the year. We'll see how my stocks do in June.