City Office REIT (CIO)
So many REITs, so why pick this one? Because City Office just completed a large secondary offering, filling its coffers with cash. It is thus unlikely to be cutting its dividend any time soon, and even after the recent dilution, the yield is a strong 7.29%. How well this company does in the long run will be determined by how wisely it invests its cash, but if you want a place to park some cash, this could be a good one, and you might as well be collecting checks while you’re collecting your thoughts.
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