John D. Rockefeller once remarked that the only thing giving the once richest man on earth pleasure is the receipt of his dividends. Well, that’s something in common most investors have with him – seeing dividends roll into your bank account, without lifting a finger, is rather appealing. While it might take some time to receive some serious dividends, real estate investment trusts (REITs) can certainly get you there. In this article, we highlight a couple of REITs with high-quality assets and decent distributions that could get you to the dream of passive income quicker.

What Does It Take to Generate S$1,000 a Month?

The math is simple and undemanding: to achieve S$1,000 per month, your total annual dividends received have to be S$12,000 a year. With a portfolio yield of 5%, you require S$240,000 invested; at a higher yield of 6%, your total amount invested is lower at S$200,000. What makes this goal more achievable than expected is if you reinvest your dividends received....