Here's How You Can Earn $100 In Passive Income By Investing In City Office REIT Stock

City Office REIT, Inc. CIO is an internally managed real estate company focused on acquiring, owning and operating high-quality office properties located primarily in metropolitan areas in the Southern and Western United States.

The 52-week range of City Office REIT stock price was $3.87 to $6.71.

City Office REIT’s dividend yield is 7.87%. During the last 12 months, it paid $0.40 per share in dividends.

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The Latest On City Office REIT

On Oct. 31, the company announced its Q3 2024 earnings, posting an FFO of $0.27, missing the consensus estimate of $0.28. Revenues of $42.371 million came in above the consensus of $42.138 million, as reported by Benzinga.

“We continue to experience a progression of office real estate fundamentals across our markets,” commented James Farrar, the Company’s Chief Executive Officer. “During the first nine months of 2024, we executed 601,000 square feet of new and renewal leases. As a result of the healthy leasing activity year to date, we increased our guidance expectations for year-end occupancy and same-store cash NOI change.”

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How Can You Earn $100 Per Month As A City Office REIT Investor?

If you want to make $100 per month –$1,200 annually – from City Office REIT dividends, your investment value needs to be approximately $15,248, which is around 3,002 shares at $5.08 each. 

Understanding the dividend yield calculations: When estimating, you need two key variables – the desired annual income ($1,200) and the dividend yield (7.87%). So, $1,200 / 0.0787 = $15,248 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the stock’s current price.

The dividend yield can change over time due to fluctuating stock prices and dividend payments on a rolling basis.

For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).

In summary, income-focused investors may find City Office REIT stock an attractive option for earning a steady $100 per month by owning 3,002 shares of stock. 

Check out this article by Benzinga for three more stocks offering solid dividend yields.

Better Yields Than Some REITs?

The current interest rate environment has created an incredible opportunity for income-seeking investors to earn massive yields, but not through publicly-traded REITs.

Arrived Homes, the Jeff Bezos-backed investment platform, has launched its Private Credit Fund, which provides access to a pool of short-term loans backed by residential real estate with a target 7% to 9% net annual yield paid to investors monthly. It paid 8.1% in August. The best part? Due to high demand the maximum investment amount is currently $5,000 with a minimum investment of ONLY $100.

Looking for fractional real estate investment opportunities? The Benzinga Real Estate Screener features the latest offerings.

Wondering if your investments can get you to a $5,000,000 nest egg? Speak to a financial advisor today. SmartAsset’s free tool matches you up with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.