Looking for income-generating shares? Look no additional than the FTSE 250. Right here, I spotlight three excessive dividend shares that deserve cautious consideration.

Tritax Eurobox

Property shares might proceed to endure if rates of interest stay round current highs. However for Tritax Eurobox (LSE:EBOX) — which lets out distribution and warehouse belongings throughout Mainland Europe — issues might be wanting up.

Dovish feedback from the European Central Financial institution (ECB) this week recommend a charge lower might be coming as quickly as June. This would offer internet asset values (NAVs) at corporations like this with a giant enhance.

I feel Tritax Eurobox might be a robust performer over the subsequent decade. Demand on this property class is strongly rising because of phenomena like evolving provide chain administration, rising urbanisation, and the regular rise of e-commerce.

And provide is failing to maintain up, which in flip is driving rents larger. Like-for-like rents right here rose 4.5% within the 12 months to September, up from 3.6% within the prior yr and a pair of.8% the yr earlier than that.

A weak improvement pipeline suggests this pattern ought to proceed for the subsequent a number of years a minimum of. As we speak Tritax Eurobox carries an enormous 8.5% dividend yield.

Grocery store Earnings REIT

Because the identify suggests, this FTSE 250 share is a actual property funding belief (REIT). So in alternate for sure tax benefits, it has to pay a minimum of 90% of annual rental earnings out to its shareholders by the use of dividends.

This implies the ahead yield right here sits at an enormous 8.2%.

Please word that tax remedy will depend on the person circumstances of every consumer and could also be topic to vary in future. The content material on this article is offered for info functions solely. It’s not supposed to be, neither does it represent, any type of tax recommendation.

Grocery store Earnings REIT (LSE:SUPR) lets out greater than 50 properties to a number of the grocery sector’s giants like Tesco, Sainsbury’s, and Morrisons. This technique supplies wonderful earnings visibility, as lease assortment stays unchanged in any respect factors of the financial cycle.

The corporate additionally has these tenants tied down on lengthy contracts. The common lease right here has one other 13 years to run.

Whereas excessive rates of interest are elevating its borrowing prices larger, I feel it’s a wonderful defensive share for these unsure instances.

Assura

Like Grocery store Earnings, Assura (LSE:AGR) is a UK-listed REIT. Its focus is on the supply of medical amenities, a property sector which additionally has vital demographic drivers.

As with grocery shops, the nation’s rising inhabitants will name for extra major healthcare amenities within the coming years. However demand for physician surgical procedures and the like might develop even quicker, for my part, given the surging variety of older folks in Britain.

Assura is properly positioned to service this want. It owns 612 major medical amenities and is increasing quickly (it has delivered 101 new belongings up to now 20 years).

Modifications to NHS coverage might hamper earnings sooner or later. However in the present day, the potential advantages of proudly owning this share might properly outweigh the dangers. Its ahead dividend yield stands at 8%.