Dividends are at the front and center of Realty Income's (NYSE: O) business, and not only because it's required to pay out most of its profit since it's a real estate investment trust (REIT). Secondly, the retail industry specialist relentlessly advertises its trademarked descriptor: "The Monthly Dividend Company." The retail sector is facing a monster challenge with the persistent coronavirus pandemic.
The REITs are paying big dividends from diverse commercial property holdings.
On the other hand, many passive income opportunities only require money. One of the easiest ways to start generating passive income is investing in real estate. Here's how to use REITs to turn $1,000 into a steadily rising passive income stream.