REITs (i.e. Real Estate Investment Trusts) allow investors to receive dividend income from diversified real estate investments with increased liquidity (they can be bought and sold just like stocks), portfolio diversification and professional management. The list of REITs is actually quite long (200+ REITs) with a wide range of dividend yields and market caps. So to get the list down to a more manageable size, only companies with a market cap greater than $1 billion and with a dividend yield greater than 5% were included in our Top REITs List.
Top REITs List Description: The following table contains some valuable metrics for REIT investors. The table includes and can be sorted on: company name, dividend yield, market cap, price, as well as the current trading day stock price percent change. Keep in mind that this list can change during the year due to corporate actions (e.g. dividend suspensions, dividend cuts, spin-offs, etc.). This live table is updated throughout the trading day. Don’t miss out on important revisions to our Top REITs List. Get our free Dogs of the Dow Newsletter.
Top REITs List FAQ
What are the best REITs?
The top REITs based on dividend yield as of October 6th, 2020 are AGNC Investment Corp, Alexander`s, Annaly Capital Management, Apollo Commercial Real Estate Finance, Arbor Realty Trust, Blackstone Mortgage Trust, Brandywine Realty Trust, CareTrust REIT, Chimera Investment, Columbia Property Trust, Empire State Realty Trust, Federal Realty Investment Trust, Gaming and Leisure Properties, Geo Group, Getty Realty, Highwoods Properties, Industrial Logistics Properties Trust, Iron Mountain, LTC Properties, Macerich, Mack-Cali Realty, Medical Properties Trust, MFA Financial, MGM Growth Properties, National Health Investors, National Retail Properties, New Residential Investment, Office Properties Income Trust, Omega Healthcare Investors, Paramount Group, Park Hotels & Resorts, Pennymac Mortgage Investment Trust, Physicians Realty Trust, Piedmont Office Realty Trust, Regency Centers Corporation, Sabra Healthcare REIT, Simon Property Group, SL Green Realty, Spirit Realty Capital, Starwood Property Trust, Two Harbors Investment, Uniti Group, VICI Properties, Vornado Realty Trust, W. P. Carey, and Washington Real Estate Investment Trust.
Why are REIT dividends so high?
One reason REITs dividends are relatively high is that to be granted the REIT status, a company must pay out at least 90% of its net profits in dividends.
How often do REITs pay dividends?
Typically REITs pay dividends quarterly. However, there are several REITs that pay dividends monthly. In fact, both SL Green Realty and LTC Properties are 2 REITs that are also on our Monthly Dividend Stocks List.
Can REITs cut dividends?
Yes. In fact, Simon Property, a retail REIT, cut their dividends by 38% in June 2020 as a result of the coronavirus pandemic.