7.3% dividend stock on TSX pays cash every month.

The article mentions Slate Grocery REIT on the TSX pays a 7.3% annualized dividend monthly and reported Q4 2025 rental revenue of US$54.6 million with 94.4% occupancy.

The article mentions a TSX-listed real estate investment trust that pays a monthly dividend with an annualized yield of 7.3%. It reports that Slate Grocery REIT owns grocery-anchored properties across major U.S. cities and showed stronger rental revenue and net operating income in the fourth quarter of 2025. Occupancy for the quarter was reported at 94.4%. The piece highlights recent leasing activity and a gap between the REIT's in-place rents and broader market rents. Key facts: - The article mentions Slate Grocery REIT pays a 7.3% annualized dividend, disbursed monthly. - Q4 2025 rental revenue rose to US$54.6 million and net operating income to US$42.2 million. - Occupancy was reported at 94.4% for the quarter. - The REIT completed more than 680,000 square feet of leasing with a 12.3% total leasing spread; renewal rents were 14.9% higher and new leases were 45.7% higher than comparable in-place rents. - Average in-place rent was reported as US$12.86 per square foot versus a market average of US$24.34. - The REIT is reported to hold about US$2.4 billion in assets across 115 properties, with 87.8% of its debt fixed-rate and a weighted average interest rate of 5%. Summary: The article notes that leasing momentum, higher rents on renewals and a largely fixed-rate debt profile may support the REIT's income profile. Undetermined at this time.