Take Record (LSE:REC), Sabre Insurance (LSE:SBRE), and NewRiver REIT (LSE:NRR). These top dividend shares don’t just offer yields around 9% at today’s prices. They also offer excellent value based on predicted growth, with rock-bottom price-to-earnings (P/E) ratios.

Here’s why I’m considering buying them for my Stocks and Shares ISA in May.

Record

Record offers asset and currency management services to institutional investors. This offers brilliant advantages from a dividend perspective. Its capital requirements are low, allowing it to generate tonnes of free cash it can distribute to shareholders.

What’s more, the pension funds and financial institutions that typically make up its client base deliver recurring revenues. This visibility gives the firm the means and the confidence to pay consistently large dividends. Profits are vulnerable during economic downturns, however, though Record’s robust balance sheet provides some protection for dividends.

The P/E ratio here is 11 times, offering decent rather than spectacular value. But its price-to-earnings growth (PEG) really does deserve attention — at 0.7, it’s well inside bargain territory of below one.

With an 8.9% dividend yield too, I think the company offers brilliant bang for the buck.

Sabre Insurance

Sabre also enjoys steady cash flows it can use to pay large dividends. Here, the dividend yield is a huge 9%.

The business offers motor insurance policies to cars, taxis, and motorbikes. This is one of the most resilient parts of the insurance market. After all, drivers are legally required to have cover whatever the weather. A large slice of the regular premiums Sabre collects is then paid out in dividends.

So what are the drawbacks? Well as inflationary pressures rise, so could the insurer’s claim costs, putting the strain on earnings. But on balance, it could still be a more secure dividend share to consider in May as the economic outlook becomes more uncertain.

One final thing I like: the forward P/E is just 10.3 times.

NewRiver REIT

NewRiver REIT offers the largest yield of the three stocks we’ve discussed here, at 9.2%. It reflects in part sector rules, in which real estate investment trusts (REIT) receive tax breaks in exchange for paying 90% of rental profits out to shareholders.

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice.

That doesn’t guarantee a large or growing dividend, though. After all, occupancy and rent collection issues can spring up during downturns that hit earnings. However, NewRiver’s portfolio helps reduce this threat. This includes blue-chip companies like Sainsbury’s, Boots, and Next, which are locked down on long-term contracts. The weighted average lease term here’s a shade over eight years.

With an ultra-low P/E ratio of 6.7, this is a very attractive income stock to consider, in my view.

The post Yields around 9% and low P/E ratios! 3 income stocks on my radar in May appeared first on The Twelfth Magpie.

The ability to keep investing year after year is an incredibly powerful force. And the results can be spectacular. 

£100 a month

Suppose you invest £100 a month and get a 6.5% annual return, which you reinvest at the same rate. How much do you have after five years? The answer is £7,172.93 and you’re earning £398.11 a year. You’ve invested a total of £6,100 and the rest is your return.

Fast forward to Year 10 and where are you now? The answer is £16,863.45 and your portfolio is returning £989.55 a year. Carrying this on, you get to a £2,910.99 annual return in Year 20 and £6,515.21 after 30 years. All by investing £100 a month at 6.5%.

For those of us who don’t have that to hand, £100 a month might be much more achievable. But the obvious question is how to achieve a 6.5% annual return. 

8.93% yield?

Real estate investment trusts (REITs) often have high dividend yields. In exchange for tax advantages, they return 90% of their cash to investors.

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice.

Even in this context though, NewRiver REIT‘s (LSE:NRR) exceptional. The current yield is 8.93%, so the first question is what’s the catch?

The answer is debt. The firm has a £300m bond that matures in 2028 and it’s unlikely to be able to refinance that at the current 3.5% interest rate. That means higher interest costs and lower profits. So could that make the current dividend unsustainable going forward? 

Maybe. But I think it’s important to look at this risk in the wider context. 

A potential opportunity

NewRiver REIT’s management has known about its debt profile for some time. And it’s been making moves to ensure it’s ready when the time comes. As of its latest report (earlier this month) the company has around £100m in cash available. So the outstanding amount is £200m.

If NewRiver paid this down by issuing shares at the current price, the dividend yield would fall to around 5.5%. That would be bad but not disastrous.

My view however, is that it won’t come to this. The business has had some recent success with asset sales, rent increases and cost efficiencies. In fact, management’s so confident the situation is under control that it’s been using cash for share buybacks. I think that’s a very strong sign.

Risks and rewards

Investing always comes with risks. But a portfolio of dividend stocks is the best way I can think of to earn passive income with £100 a month. NewRiver REIT’s a stock that I think has a realistic chance of offering a 6.5% annual return. And that means it’s worth a look.

It isn’t however, the only name by any means. While high dividend yields can be a sign of risks, they can also be opportunities.

The post How can investors aim to turn £100 a month into £6,515 in annual passive income? appeared first on The Twelfth Magpie.

NewRiver REIT (LSE:NRR) and iShares World Equity High Income ETF (LSE:WINC) both have excellent records of paying reliable and growing dividends. What’s more, recent stock market volatility has supercharged their forward dividend yields close to 10%.

Here’s why they could be two of the best dividend stocks for ISA investors to consider this April.

Flowing dividends

Like many other property stocks, NewRiver REIT’s shares have dropped as oil prices have soared. If interest rates climb to curb inflation, the company’s borrowing costs will rise and asset values will take a hit, impacting earnings.

I think this drop represents an attractive dip buying opportunity. At 70p, the real estate investment trust (REIT) trades at a whopping discount per share of 105p relative to its net asset value (NAV). It also carries a bulky 9.8% dividend yield for this financial year (to March 2027).

NewRiver has its tenants locked down on long contracts, with a weighted average lease expiry of 8.6 years as of September. This means it can expect stable rental income even if the UK economy struggles, giving it better dividend prospects than many other UK shares.

There’s another advantage to buying NewRiver REIT shares for dividends. In exchange for corporation tax breaks, at least 90% of annual profits must be paid out in dividends. This provides shareholders with an added layer of visibility by limiting management decisions on capital distribution.

Around a quarter of the company’s portfolio comprises retail parks, a fast-growing sector. However, I’m not as taken by the less stable shopping centre assets that make up the remainder. Yet, given that enormous yield and massive discount to NAV, I think NewRiver is worth a close look.

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice.

Strength through diversification

Like most shares-based funds, the iShares World Equity High Income ETF has slumped in value in recent weeks. If the Middle East war drags on, it could well continue sinking

Still, I expect this exchange-traded fund (ETF) to recover strongly over time. After all, the long-term direction of global stock markets has always been up. And in the meantime, investors can expect the fund to keep delivering juicy dividends. For 2026, the dividend yield here is also 9.8%.

So what’s its secret? As this name implies, this ETF invests holds shares in high-yield global shares, roughly 470 in total. This spreads out the impact of possible dividend volatility among a handful of stocks, allowing it to still deliver market-beating payouts to shareholders.

But here’s the cool part: with substantial cash holdings and government bonds too, it can deliver a more stable second income than just stocks-based ETFs. Given this extra trick up its sleeve, I think it’s a top passive income share to consider for the new ISA period.

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Targeting a reliable sector

I’m talking about NewRiver (LSE:NRR). The REIT owns and manages UK retail property, with a focus on community shopping centres and retail parks. The income from tenant rents provides the main source of revenue for the business.

For me, the positive outlook starts with the nature of the tenants that NewRiver has. It isn’t trying to bet on premium fashion or aspirational spending. Its portfolio is tilted towards affordable, needs-based retail. Given that we could be in for another tough year in the UK for economic growth, consumers are likely to focus their spending on shops that offer essentials. The Q3 trading update from January showed an occupancy rate of 96%, with a 91% retention rate, backing up the thinking that the REIT could perform well even during a tough period ahead.

With a market cap of £309m, it’s true that the company isn’t anywhere as large as some FTSE 250 peers. However, assets under management sit at £2.3bn. Therefore, it’s certainly a firm that I believe should be on a lot more investors’ watchlists.

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice.

Dividend potential

The dividend is another big attraction, and it looks sustainable to me. NewRiver’s stated policy is to pay dividends equal to 80% of underlying funds from operations, declared twice a year. That’s important because it ties the payout to recurring cash earnings rather than wishful thinking. In the latest trading update, the dividend was 125% covered. This means that the current earnings per share easily cover the income being paid out. That’s a green flag and highlights the sustainability of it.

It’s worth noting that the current dividend yield is 9.3%, with the stock down 1% in the last year. Sometimes, when I see yields above 9%, it’s because the share price has fallen sharply. This pushes up yield in the short run, but the dividend is usually cut due to problems. Yet for NewRiver, the share price has been stable. This could indicate that the yield can remain above 9% and isn’t flashing warning signs.

Debt worries

Still, there are risks. It has a loan-to-value (LTV) of 42.3%. This means that, on average, each £1 of project funding has 42p of debt contributing to it. Therefore, if high energy prices cause inflation to spike in the UK and interest rates rise, it could increase the financing costs for the firm. This would then act to lower profits, even though the company hasn’t done anything wrong.

Even with this concern, I still believe the REIT looks in good shape for income payments. I think it’s a stock for investors to consider.

The post I just discovered this REIT with a juicy 9% dividend yield appeared first on The Twelfth Magpie.

Shares in companies that pay dividends are some of the best candidates for this. And investors might be surprised at what could be possible

Opportunities 

Right now the average cash savings account in the UK offers a return of around 2.5% a year. At that rate, it takes someone who puts aside £1,000 a month 37 years to make £1,500 a month.

Returns in the stock market are less certain, but the average return from the FTSE 100 over the last five years has been around 8%. That hasn’t all been dividends, but more on that later. 

At that rate, £1,000 a month turns into something generating £1,500 in monthly passive income after 10 years. And as well as being quicker, there’s something else that’s important. It doesn’t just take longer at a lower rate of return, you also have to put up more of your own money. At 2.5%, the amount you have to invest is £457,000, compared with £145,000 at 8%.

Dividend stocks

Some companies look to use their profits to generate future growth, while others return them to its owners (us) as dividends. And income investors naturally tend to prefer the latter.

It’s worth noting though, that there’s no free lunch for investors here. A firm retaining its cash naturally increases its intrinsic value in a way that paying it out to shareholders doesn’t. 

Over time, that creates upward pressure on the share price. The stock market isn’t always 100% efficient when it comes to pricing this in the short term, but it tends to show up sooner or later.

Nonetheless, companies that can keep generating cash and returning it to investors can be outstanding passive income investments. And there are even some offering 8% returns right now.

Real estate

NewRiver REIT‘s (LSE:NRR) a real estate investment trust that owns and manages a portfolio of retail properties. And the stock currently comes with an 8.25% dividend yield. 

In terms of risks, one thing to keep an eye on is the firm’s debt. A major refinancing is coming in the next few years and higher interest rates could put pressure on profit margins. 

Importantly though, most of NewRiver REIT’s rental contracts are linked to inflation. And that means they’re also likely to increase over time without the firm needing to do anything.

I’m therefore expecting long-term rent increases to offset a short-term increase in debt costs. On that basis, I think the stock’s well worth considering at a 21% discount to the firm’s net asset value.

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice.

Out of favour

Everyone knows retail properties aren’t seeing the same kind of growth as data centres. But the downside is that data centre REITs like Equinix currently come with dividend yields below 3%.

That means they’re going to have to grow a lot to offset the difference between that and the 8.25% available from NewRiver. And that’s hard in a sector where cash is distributed, rather than retained.

The places to find the best returns are often where others aren’t looking. So I think building a diversified portfolio of stocks like NewRiver REIT might be the best way to earn passive income.

The post How much do you need to invest to earn £1,500 a month in passive income? appeared first on The Twelfth Magpie.

But yields often rise for the wrong reasons. So before focusing on income, investors should aim to find out what’s driving it.

The real story behind the 9% yield

Over the past year, the NewRiver REIT (LSE: NRR) share price has struggled to build sustained momentum. While there have been short bursts of recovery, the stock has climbed just 2.7% in the last 12 months as concerns linger around UK retail property and borrowing costs.

The business appears to have stabilised. Occupancy has improved and management has been recycling weaker assets. For the year ending 31 March 2025, adjusted earnings per share were 6.3p.

Yet retail property remains a tricky area. Even though the REIT focuses on convenience-led locations, which tend to be more resilient than fashion-heavy shopping centres, tenants still face cost pressures. If retailers struggle, rental growth can stall.

Valuation

The company trades on a price-to-earnings (P/E) ratio of 11.3 as I write late on 17 February, which looks modest compared to the wider market. More strikingly, the shares change hands at a price-to-book (P/B) ratio just 0.6. In simple terms, the market values the company at a discount to the stated value of its property portfolio.

For income investors, the headline attraction is the near 9% dividend yield. That comfortably exceeds the FTSE 100 average, which sits closer to 3.5%.

That’s great from an income perspective, but it isn’t the whole story.

REITs come with tax advantages and are required to distribute at least 90% of their taxable income as dividends for shareholders. But high yields often signal perceived risk. Property companies typically carry debt, and higher interest rates increase financing costs. If borrowing remains expensive for longer, profit growth could stay under pressure.

There’s also the question of dividend cover. While earnings currently support the payout, there’s limited room for error if conditions worsen.

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice.

So what’s the catch?

The catch is not necessarily that the dividend is unsafe. Rather, it’s that the business operates in a sector still rebuilding confidence.

If interest rates fall and consumer spending remains steady, retail-focused REITs could see valuations improve. A move closer to book value alone could lift the share price meaningfully. In that scenario, today’s yield may prove attractive in hindsight.

But if the economy weakens or retailers retrench, property values could come under renewed strain. In that case, the high yield may simply reflect the stock’s high risk profile.

For now, this REIT offers a compelling income stream backed by improving fundamentals, which could support further share price gains.

However, the clear trade-off between a generous dividend yield in exchange for exposure to a tough sector is one that needs closer evaluation from investors.

For now, the numbers justify investor consideration, but not complacency. That’s the real catch behind this 9% yield.

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On the mid-cap FTSE 250 or smaller AIM index, I tend to find higher yields on average. Yes, these require more careful consideration of the risks involved, but the pay-off can be lucrative.

Here are three high-yielding stocks worth looking at that have had a tough time since Covid. But now they not only offer lucrative income but exhibit signs of a potential recovery in the coming months.

Together, their average yield is 9.9% – almost three times that of the FTSE 100.

Reach

With an 11.5% yield, Reach (LSE: RCH) is the highest on my list. Usually, this would be a red flag – but I think this rare case is worth a closer look.

It’s backed by 11 years of uninterrupted payments and a low payout ratio of 46.4%. Cash coverage is a bit low at only 1.6 times but with earnings up 20% year-on-year, this might improve soon.

As a traditional publisher of newspapers and magazines, Reach has been stuggling to compete in an AI-driven world. As a result, profits took a big hit between 2021 and 2023, and the risk’s ongoing.

But more recently, things have improved, with its net margin rising from 3.78% in 2023 to 9.95% in 2024. If this trend continues, the recovery could deliver both growth and income for investors.

RWS Holdings

RWS Holdings (LSE: RWS) offers a very attractive 9.3% yield — still higher than what would usually be considered sustainable. In this case, there are some red flags. First, it’s unprofitable, posting a loss of £99.8m in its latest results.

Dividends are barely covered by cash (1.11 times) and payouts have declined 43.3% in the past year. So why do I think it’s still worth considering?

I see this one as a valuation play — with a forward price-to-earnings (P/E) ratio of 5.56, the growth potential’s compelling. Plus, it’s been paying dividends consistently and without fail for 22 years, which is encouraging. 

But the key point of interest for me is a strategic pivot towards an AI-driven SaaS model, which is already bringing in fresh revenue. FY2026 guidance outlines margin expansion and further investment in innovation and efficiency. It remains a risky play but if it works, the returns could be spectacular.

NewRiver REIT

NewRiver REIT‘s (LSE:NRR) a small but up-and-coming real estate investment trust (REIT) that focuses on retail and leisure properties. It has the lowest yield on the list at only 9% but benefits from regulations that ensure 90% of profits are returned to shareholders.

This is worth considering for retirement investors aiming for passive income, as it can be highly reliable. But still, the company must have sustainable earnings or it risks a dividend cut.

In NewRiver’s case, there are still risks but they look manageable. The UK property market faces headwinds from higher interest rates, increased taxation on landlords and high-value properties.

Revenue’s up 84% year-on-year and earnings 54% ahead — impressive numbers, especially considering the challenging economic conditions in 2025. Plus, the valuation looks decent, with a forward P/E of 9.2 and it has a 15-year track record of paying dividends.

The post 3 dividend shares to consider buying with an average yield of 9.9% appeared first on The Twelfth Magpie.

The company leases and manages a portfolio of retail properties. And besides a high yield, there are a lot of reasons why the stock is worth a closer look at today’s prices. 

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice.

Portfolio

NewRiver REIT’s portfolio is focused on retail parks and shopping centres. And the average overall occupancy rate is around 96%, which has increased from 95.3% last September.

The company also consistently collects around 97% of the rent that it’s due. That’s a strong result and it’s partly due to having a diversified base of high-quality tenants. 

On average, leases have just under six years until their first break and just over 10 years until they expire. That’s ok, without being spectacular, but it’s worth noting this has been increasing recently.

While UK retailers have been faltering recently, NewRiver is somewhat protected from this. It doesn’t need them to do well, it just needs them to keep paying their rent obligations.

Another encouraging sign is that the company has managed to increase some of its rents recently. That’s the result of supply in the industry being limited, which is another long-term advantage.

As a result of all of this, I don’t think there’s likely to be a problem with cash coming in for some time. The other thing investors need to look at, though, is cash going out.

Debt

REITs are required to distribute 90% of their taxable income to investors. But that means they can’t use the cash they generate for growth and they often have high debt levels as a result.

Even by these standards, NewRiver REIT has a relatively high loan-to-value ratio at the moment. And there’s a major debt refinancing on the way in 2028. 

This is the major risk with the stock at the moment. If the firm has to refinance at higher rates – which seems likely – higher interest costs could cut into profits and put pressure on that dividend.

Predicting where interest rates will be in 2028 is not at all straightforward. But it seems likely that they’ll be higher than they were 10 years ago, when the £300m bond was initially issued.

Once the debt is refinanced (at whatever rate) it should stay fixed for some time. And the company should be able to keep increasing rents to eventually offset the higher costs. 

A short-term hit wouldn’t be ideal and this is worth paying attention to. But investors should also focus on the firm’s trajectory after 2028, which I think could be much more positive.

Keeping things simple

Making things more complicated than they need to be is a big investing mistake. NewRiver REIT isn’t without risks, but at least it’s relatively easy to see what these might be.

On the other side of the equation, there are big potential rewards on offer. I expect the company to generate a 9% return for investors at least until 2028 and potentially over the longer term.

It’s never 100% clear what the best stocks to buy at any time are – if it was, investing would be a lot easier than it is. But I think NewRiver REIT is well worth considering for dividend investors.

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Often, high yields are unsustainable and end up leading investors into a dreaded ‘dividend trap’. Soon after purchase, the company slashes dividends and the investor’s left with a bag of worthless shares.

So when I see companies with yields of 8% or more, I first take a closer look. And it pays off because, on a few rare occasions, I find some that are actually worth considering. Here are two of them.

The up-and-coming REIT

NewRiver REIT (LSE:NRR) is a small (£307m) UK real estate investment trust that focuses on retail and community assets. Earnings are up 54% year-on-year, yet the shares still look cheap, trading on a forward price-to-earnings (P/E) ratio of just 8.9.

That suggests the market’s sceptical about the outlook for smaller property players, but the fundamentals are moving in the right direction.

For income seekers, its financial metrics are impressive: a meaty 9.2% dividend yield with a payout ratio of 97.2%. For most companies that would look dangerously high, but REITs are designed to distribute the bulk of their profits, so this isn’t unusual.

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice.

Crucially, NewRiver’s paid dividends uninterrupted for 15 years and currently has enough cash to cover the payouts, which adds comfort.

The risk? The balance sheet’s a little stretched, with total debt exceeding equity. That doesn’t make it uninvestable, but it does mean investors should watch borrowing levels and refinancing costs carefully. If earnings continue to rise, a fresh injection of equity or asset sales could help de‑risk the capital structure.

Until then, this is a high‑yield stock to consider that could reward well for accepting some leverage and sector risk.

Income in the heart of the capital

City of London Investment Group (LSE: CLIG) is a global asset manager specialising in closed‑end funds. It offers an 8.55% yield, with a payout ratio of about 106.6%. On the face of it, that’s a bit stretched, but the company has a 12‑year uninterrupted dividend record and about 1.2 times cash coverage, which helps soften the concern.

Earnings are heading the right way, up 11.6% year-on-year, and the shares look sensibly priced, with a P/E growth (PEG) ratio around 1. That suggests the valuation roughly matches its growth prospects, rather than relying on heroic assumptions.

The balance sheet is another plus: a very low debt‑to‑equity ratio of 0.03 drastically reduces the risk of a debt‑driven dividend cut.

The main risk here is that performance is tied to global markets and investor sentiment. A sharp downturn would impact the company’s assets under management (AUM), hurting fee income and the share price in one go.

For that reason, it’s best considered as part of a diversified income basket rather than a lone selection.

A risk/reward balance

While both these stocks have lower dividend coverage than I’d usually consider sufficient, their track records and balance sheets add comfort.

Still, when talking about yields above 8%, there’s always a higher risk of cuts. Both could certainly give a nice boost to an income portfolio’s average yield, keeping in mind the importance of diversification.

The post Looking for income stocks to buy? Consider these 8%+ yielders! appeared first on The Twelfth Magpie.

NewRiver REIT (LSE:NRR) shares currently come with a 9.71% dividend yield. And while there’s a clear risk on the horizon, there is a lot to like about the company.

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice.

Business structure

NewRiver owns a portfolio of around 40 shopping centres and retail parks. It also manages another 39 similar properties through partnership arrangements.

In terms of some basic REIT fundamentals, the firm looks pretty good. Occupancy levels are around 95% and the firm collected 97% of its rent in the six months leading up to September.

The company also has a relatively diversified tenant base, with its largest tenant accounting for around 4% of total income. And the average lease doesn’t expire for another nine years. 

All of that looks pretty good from a reliable passive income perspective. But there is a risk on the horizon, which is why the stock is trading with such a big dividend yield.

Balance sheet

The issue is debt. NewRiver’s loans reach maturity in the next couple of years and refinancing these is likely to result in higher interest expenses than the current 3.5% average cost of debt.

This is a risk investors need to think about, especially if they’re focused on the dividend. The question isn’t really whether this will affect profits, it’s how much it will affect them.

Even with interest rates falling, refinancing is likely to mean lower profits over the next few years. If the firm’s cost of debt rises to 6%, the increase will likely be around £10m annually. 

NewRiver’s pre-tax income is around £32m, so a £10m increase is clearly significant. But the company does have some key strengths that can help limit the overall effect. 

Capital allocation

NewRiver is in the process of selling off some of its weaker properties to generate cash. And some of this has been used to strengthen the firm’s balance sheet.

Combined with strong occupancy and collection metrics, this should help limit borrowing cost increases. But this isn’t the only thing the company has been using its cash for.

NewRiver has also been buying back its own shares. And with the stock trading at a 30% discount to the firm’s net asset value per share, this looks like a good move. 

It’s also a strong sign the company’s management is confident about the balance sheet. In other words, the risk of higher costs is real, but it doesn’t look like an existential threat.

Investment equation

There’s a lot to like about NewRiver REIT from an investment perspective. Retail isn’t the most dynamic growth industry, but the firm has a diversified mix of reliable tenants. 

Investors need to take a look at the upcoming debt maturities. But the company is making moves to strengthen its balance sheet, which might go some way towards offsetting this risk. 

With a dividend yield close to 10%, passive income investors might well think there’s an opportunity worth considering here. And my view is they’d be right to do so.

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