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Transcript
00:00Here's a couple fun facts about REITs you might not have known about.
00:03The first is that REIT companies need to pay at least 90% in payout ratio to their shareholders,
00:10meaning for every dollar they make, they have to pay at least 90% of it in the form of dividends
00:15to their shareholders. And that dividend income that comes from REITs is non-qualified dividend
00:22income, meaning you have to pay your taxes on it, unlike other non-REIT U.S. dividend income
00:28companies, which are usually classified as qualified dividend income, where you won't
00:32have to pay taxes if your income falls within a certain limit.
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