Categories: DividendsReal Estate & Housing

Don’t Play Any REIT, Play the 26 Best for 13.2 Percent Yield

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Don’t Play Any REIT, Play the 26 Best for 13.2 Percent Yield (YahooFinance)

If you’re a regular reader of Eagle Daily Investor, you know we often feature dividend-paying investments. And real estate investment trusts (REITs) have been mentioned frequently for their robust yields this year — a trend which should extend throughout 2014. To take advantage of REITs’ consistent income stream, many investors are looking past single-company trusts toward exchange-traded funds (ETFs). And the Market Vectors Mortgage REIT ETF (MORT) is a solid choice in this area. It currently offers a 13.2 percent yield while reducing risk for investors by playing a basketfull of REITs instead of a single company. MORT has posted a 9.56 percent year-to-date gain in addition to its handsome dividend. If consistent income is a goal for you this year, MORT could be the REIT play.

Wayne Ellis

Wayne Ellis has been involved in the financial publishing industry for more than 15 years. During that time, he has helped to edit, to market and to launch products and services for Ernst & Young, LLC, Fidelity Investments, Agora, LLC, and Eagle Financial Publications. He currently puts his broad-based experience and industry expertise to use as a contributing writer for Eagle Financial Publications. He also is a graduate of Arizona State University.