REITs, Royalty Trust, Income Trusts
Like annuities, distribution yields from REITs, Royalty trusts, and Income trusts often include cash that exceeds the income earned: that is return of capital. $YearlyDistribution / $SharePrice.
Read more about this topic: Yield (finance)
Famous quotes containing the words royalty, income and/or trusts:
“Everyone likes flattery; and when you come to Royalty you should lay it on with a trowel.”
—Benjamin Disraeli (1804–1881)
“I know everybody’s income and what everybody earns,
And I carefully compare it with the income-tax returns;”
—Sir William Schwenck Gilbert (1836–1911)
“Baseball is the religion that worships the obvious and gives thanks that things are exactly as they seem. Instead of celebrating mysteries, baseball rejoices in the absence of mysteries and trusts that, if we watch what is laid before our eyes, down to the last detail, we will cultivate the gift of seeing things as they really are.”
—Thomas Boswell, U.S. sports journalist. “The Church of Baseball,” Baseball: An Illustrated History, ed. Geoffrey C. Ward, Knopf (1994)