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 7% were included in our Top REITs List. The resulting list contains 20 REIT stocks with dividend yields as high as 12.8% and an average yield of over 9.7% at the time of selection.
Top Dividend 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 December 21, 2021 are AGNC Investment, American Finance, Annaly Capital Mgmt, Apollo Commercial, Arbor Realty, Blackstone Mortgage, Brightspire Capital, Broadmark Realty Capital, Chimera Investment, Global Net Lease, KKR Real Estate Finance, MFA Financial, New Residential, New York Mortgage, Office Properties Income, Omega Healthcare, Ready Capital, Sabra Health Care, Starwood Property, The Necessity Retail REIT (was American Finance) and Two Harbors.
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, AGNC Investment and Broadmark Realty 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.