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A Rogers Communications Inc. office tower in downtown Montreal.
A Rogers Communications Inc. office tower in downtown Montreal.
(© Shaun Best/REUTERS)

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Telcos eclipse REITs as top yield providers

If you’re an investor obsessed with yield – and who isn’t these days – there’s a good chance you own a stack of real estate investment trusts. For good measure, too. REITs returned an average of 9 per cent in capital gains over the past year, topped off with distributions adding some extra earning power.