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.
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For further details see:
3 Income REITs to Buy in February