3 Income REITs to Buy in February
Real estate investment trusts (REITs) allow anyone to own a stake in income-producing real estate. This means they can be great for generating passive income. Currently, the average dividend yield across the REIT sector is 2.6%, more than double the 1.2% yield of stocks in the S&P 500.
Three REITs that stand out for their income-generating capabilities are Crown Castle International (NYSE: CCI), Digital Realty Trust (NYSE: DLR), and SL Green Realty (NYSE: SLG). With shares of all three selling off along with the broader stock market last month, they look like great buys this February.
Source Fool.com