CT REIT offers high monthly yields via Canadian Tire tenancy

CT REIT, a retail and industrial Real Estate Investment Trust (REIT) on the TSX, is noted for its high yield and monthly distributions. The company maintains Canadian Tire as its primary tenant.

Despite recent volatility in the REIT sector and fluctuations in interest rates, CT REIT shares have shown resilience, recovering approximately 4% over the past month following a previous correction. The company's performance is partially linked to the strength of Canadian Tire, which has recently approached new highs.