For those interested in earning a monthly income from the stock market, real estate investment trusts deserve special attention. Because REITs are essentially giant landlords, they collect monthly rental income from the tenants and pass some of that income to shareholders.
Today’s chart highlights a monthly dividend stock with a double-digit yield. The company in question is Bluerock Residential Growth REIT Inc (NYSEMKT:BRG), a real estate investment trust (REIT) headquartered in New York City. Bluerock specializes in residential properties, particularly well-located, institutional-quality apartment buildings. Right now, its portfolio consists of 30 properties representing a total of 10,231 rental units.
Source: Income Investors
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- My 4 Largest Dividend Growth Stock Positions Have Double-Digit Lifetime Returns
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- International Diversification May Be Closer than You Think
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