Even so, since most of us aren’t sailors (at least I know I’m not), it seems worth defining all the same. Perhaps like the two REITs below…2 Safe Harbor REITs That Pay Monthly DividendsRealty Income O (O) is one of my favorite REITs that has managed to increase its dividend every single year since the company went public in 1994. Through April Realty Income collected 83 percent of contractual rent and most of the rents received were from investment grade rated tenants. Shares in Realty Income are now trading at $54.86 with a dividend yield of 5.1 percent. Like Realty Income, STAG is also well-positioned to continue to grow its dividend as the payout ratio is around 78 percent.

Source: Forbes May 10, 2020 23:15 UTC