Real Estate Dividend Stocks
154 Real Estate companies that EquiReason covers paid a cash dividend over the last twelve months, ranked by dividend yield. Highest: Invesco Mortgage Capital Inc. (IVR) 23.54%, ARMOUR Residential REIT, Inc. (ARR) 22.73%, Redwood Trust, Inc. (RWT) 22.09%, PennyMac Mortgage Investment Trust (PMT) 22.01%, MFA Financial, Inc. (MFA) 21.21%.
Dividend yield = dividends per share over the last twelve months ÷ latest price · payout ratio = dividends per share ÷ diluted EPS for the last fiscal year (FFO for REITs) · by sector: Real Estate · Financials · Communication Services · Basic Materials · Healthcare · Consumer Cyclical · Consumer Defensive · Technology · Energy · Industrials · Utilities
| # | Company | Industry | Dividend yield | Payout ratio | Market cap |
|---|---|---|---|---|---|
| 1 | Invesco Mortgage Capital Inc. (IVR) | REIT - Mortgage | 23.54% | — | $586.6M |
| 2 | ARMOUR Residential REIT, Inc. (ARR) | REIT - Mortgage | 22.73% | 84% | $1.9B |
| 3 | Redwood Trust, Inc. (RWT) | REIT - Mortgage | 22.09% | — | $409.5M |
| 4 | PennyMac Mortgage Investment Trust (PMT) | REIT - Mortgage | 22.01% | 109% | $634.0M |
| 5 | MFA Financial, Inc. (MFA) | REIT - Mortgage | 21.21% | 81% | $686.4M |
| 6 | Chicago Atlantic Real Estate Finance, Inc. (REFI) | REIT - Mortgage | 20.80% | 112% | $231.6M |
| 7 | Chimera Investment Corporation (CIM) | REIT - Mortgage | 19.69% | 52% | $697.3M |
| 8 | Dynex Capital, Inc. (DX) | REIT - Mortgage | 18.84% | 72% | $2.8B |
| 9 | Blackstone Mortgage Trust, Inc. (BXMT) | REIT - Mortgage | 17.80% | 180% | $1.8B |
| 10 | Sunrise Realty Trust, Inc. (SUNS) | REIT - Mortgage | 17.60% | 126% | $92.2M |
| 11 | Ares Commercial Real Estate Corporation (ACRE) | REIT - Mortgage | 17.54% | — | $189.7M |
| 12 | BrightSpire Capital, Inc. (BRSP) | REIT - Mortgage | 17.49% | — | $456.3M |
| 13 | AGNC Investment Corp. (AGNC) | REIT - Mortgage | 16.25% | 88% | $10.5B |
| 14 | Annaly Capital Management, Inc. (NLY) | REIT - Mortgage | 15.86% | 87% | $14.4B |
| 15 | Starwood Property Trust, Inc. (STWD) | REIT - Mortgage | 15.69% | 124% | $4.5B |
| 16 | Apollo Commercial Real Estate Finance, Inc. (ARI) | REIT - Mortgage | 15.24% | 101% | $841.1M |
| 17 | Franklin BSP Realty Trust, Inc. (FBRT) | REIT - Mortgage | 15.06% | 133% | $479.8M |
| 18 | Braemar Hotels & Resorts Inc. (BHR) | REIT - Hotel & Motel | 15.04% | 18% | $91.3M |
| 19 | Community Healthcare Trust Incorporated (CHCT) | REIT - Healthcare Facilities | 14.94% | 101% | $365.3M |
| 20 | Innovative Industrial Properties, Inc. (IIPR) | REIT - Industrial | 14.81% | — | $1.5B |
| 21 | TPG RE Finance Trust, Inc. (TRTX) | REIT - Mortgage | 14.79% | 115% | $492.1M |
| 22 | Brandywine Realty Trust (BDN) | REIT - Office | 13.36% | — | $509.8M |
| 23 | Ellington Financial Inc. (EFC) | REIT - Mortgage | 13.29% | 157% | $1.5B |
| 24 | Ready Capital Corporation (RC) | REIT - Mortgage | 13.14% | — | $194.9M |
| 25 | NexPoint Real Estate Finance, Inc. (NREF) | REIT - Diversified | 12.98% | 107% | $290.4M |
| 26 | Medical Properties Trust, Inc. (MPT) | REIT - Healthcare Facilities | 12.73% | — | $1.6B |
| 27 | KKR Real Estate Finance Trust Inc. (KREF) | REIT - Mortgage | 12.43% | — | $322.6M |
| 28 | Millrose Properties, Inc. (MRP) | REIT - Residential | 11.86% | 105% | $4.2B |
| 29 | NexPoint Residential Trust, Inc. (NXRT) | REIT - Residential | 11.78% | 82% | $455.6M |
| 30 | Adamas Trust, Inc. (ADAM) | REIT - Mortgage | 11.59% | — | $699.3M |
| 31 | NexPoint Diversified Real Estate Trust (NXDT) | REIT - Diversified | 11.45% | — | $278.3M |
| 32 | Global Net Lease, Inc. (GNL) | REIT - Diversified | 10.82% | — | $1.5B |
| 33 | Rithm Capital Corp. (RITM) | REIT - Mortgage | 10.79% | 68% | $5.2B |
| 34 | Gladstone Commercial Corporation (GOOD) | REIT - Diversified | 10.45% | 72% | $555.7M |
| 35 | Ladder Capital Corp (LADR) | REIT - Mortgage | 9.83% | — | $1.2B |
| 36 | AH REALTY TRUST INC (AHRT) | REIT - Diversified | 9.27% | 57% | $450.5M |
| 37 | Gaming and Leisure Properties, Inc. (GLPI) | REIT - Specialty | 8.22% | 78% | $11.2B |
| 38 | Saul Centers, Inc. (BFS) | REIT - Retail | 8.16% | 59% | $714.8M |
| 39 | One Liberty Properties, Inc. (OLP) | REIT - Diversified | 8.16% | 59% | $481.7M |
| 40 | Universal Health Realty Income Trust (UHT) | REIT - Healthcare Facilities | 8.11% | 88% | $510.9M |
| 41 | Easterly Government Properties, Inc. (DEA) | REIT - Office | 8.00% | 66% | $1.1B |
| 42 | VICI Properties Inc. (VICI) | REIT - Diversified | 7.70% | 67% | $25.9B |
| 43 | Douglas Emmett, Inc. (DEI) | REIT - Office | 7.60% | 19% | $1.7B |
| 44 | Alexander's, Inc. (ALX) | REIT - Retail | 7.26% | 137% | $1.3B |
| 45 | CTO Realty Growth, Inc. (CTO) | REIT - Diversified | 7.23% | — | $737.6M |
| 46 | Alexandria Real Estate Equities, Inc. (ARE) | REIT - Office | 7.22% | — | $7.0B |
| 47 | Getty Realty Corp. (GTY) | REIT - Retail | 7.06% | 79% | $1.8B |
| 48 | Broadstone Net Lease, Inc. (BNL) | REIT - Diversified | 6.92% | 92% | $3.2B |
| 49 | Highwoods Properties, Inc. (HIW) | REIT - Office | 6.83% | — | $3.2B |
| 50 | Four Corners Property Trust, Inc. (FCPT) | REIT - Retail | 6.60% | 85% | $2.4B |
| 51 | Healthpeak Properties, Inc. (DOC) | REIT - Healthcare Facilities | 6.58% | 80% | $12.8B |
| 52 | Americold Realty Trust, Inc. (COLD) | REIT - Industrial | 6.57% | — | $4.0B |
| 53 | EPR Properties (EPR) | REIT - Specialty | 6.57% | 67% | $4.3B |
| 54 | Safehold Inc. (SAFE) | REIT - Diversified | 6.45% | 41% | $776.9M |
| 55 | Sabra Health Care REIT, Inc. (SBRA) | REIT - Healthcare Facilities | 6.29% | 85% | $4.9B |
| 56 | American Assets Trust, Inc. (AAT) | REIT - Diversified | 6.29% | 75% | $1.3B |
| 57 | Gladstone Land Corporation (LAND) | REIT - Specialty | 6.12% | — | $361.5M |
| 58 | Kilroy Realty Corporation (KRC) | REIT - Office | 6.08% | 51% | $4.1B |
| 59 | JBG SMITH Properties (JBGS) | REIT - Diversified | 6.06% | — | $861.8M |
| 60 | Park Hotels & Resorts Inc. (PK) | REIT - Hotel & Motel | 6.01% | — | $3.4B |
| 61 | Lineage, Inc. (LINE) | REIT - Industrial | 5.98% | 62% | $8.0B |
| 62 | UMH Properties, Inc. (UMH) | REIT - Residential | 5.94% | 104% | $1.3B |
| 63 | W. P. Carey Inc. (WPC) | REIT - Diversified | 5.93% | 99% | $14.5B |
| 64 | Omega Healthcare Investors, Inc. (OHI) | REIT - Healthcare Facilities | 5.87% | 89% | $13.8B |
| 65 | NNN REIT, Inc. (NNN) | REIT - Retail | 5.87% | 73% | $7.8B |
| 66 | Realty Income Corporation (O) | REIT - Retail | 5.76% | 86% | $53.2B |
| 67 | Rayonier Inc. (RYN) | REIT - Specialty | 5.68% | 67% | $5.6B |
| 68 | SL Green Realty Corp. (SLG) | REIT - Office | 5.68% | 130% | $3.5B |
| 69 | National Health Investors, Inc. (NHI) | REIT - Healthcare Facilities | 5.60% | 77% | $3.2B |
| 70 | BXP, Inc. (BXP) | REIT - Office | 5.56% | — | $9.8B |
| 71 | The RMR Group Inc. (RMR) | Real Estate Services | 5.51% | — | $555.6M |
| 72 | Healthcare Realty Trust Incorporated (HR) | REIT - Healthcare Facilities | 5.48% | 297% | $6.0B |
| 73 | Centerspace (CSR) | REIT - Residential | 5.46% | 99% | $948.2M |
| 74 | LTC Properties, Inc. (LTC) | REIT - Healthcare Facilities | 5.34% | 136% | $2.3B |
| 75 | Kite Realty Group Trust (KRG) | REIT - Retail | 5.29% | 70% | $4.9B |
| 76 | CubeSmart (CUBE) | REIT - Industrial | 5.23% | 80% | $9.1B |
| 77 | Mid-America Apartment Communities, Inc. (MAA) | REIT - Residential | 5.20% | 71% | $13.5B |
| 78 | Apple Hospitality REIT, Inc. (APLE) | REIT - Hotel & Motel | 5.16% | 62% | $4.4B |
| 79 | NETSTREIT Corp. (NTST) | REIT - Retail | 5.13% | 84% | $2.2B |
| 80 | AGNT, Inc (AGNT) | Real Estate Services | 5.10% | — | $655.1M |
| 81 | UDR, Inc. (UDR) | REIT - Residential | 4.98% | 70% | $11.2B |
| 82 | Farmland Partners Inc. (FPI) | REIT - Specialty | 4.94% | 63% | $442.0M |
| 83 | Crown Castle Inc. (CCI) | REIT - Specialty | 4.84% | 183% | $37.3B |
| 84 | RLJ Lodging Trust (RLJ) | REIT - Hotel & Motel | 4.80% | 42% | $1.9B |
| 85 | Agree Realty Corporation (ADC) | REIT - Retail | 4.79% | 78% | $8.6B |
| 86 | Independence Realty Trust, Inc. (IRT) | REIT - Residential | 4.78% | 54% | $3.4B |
| 87 | Rexford Industrial Realty, Inc. (REXR) | REIT - Industrial | 4.67% | 95% | $7.9B |
| 88 | VIVMARK RESIDENTIAL (VMRK) | REIT - Diversified | 4.58% | 71% | $22.8B |
| 89 | Postal Realty Trust, Inc. (PSTL) | REIT - Office | 4.58% | 61% | $644.0M |
| 90 | SmartStop Self Storage REIT, Inc. (SMA) | REIT - Industrial | 4.54% | — | $2.0B |
| 91 | Essential Properties Realty Trust, Inc. (EPRT) | REIT - Retail | 4.50% | — | $5.8B |
| 92 | Cousins Properties Incorporated (CUZ) | REIT - Office | 4.49% | 46% | $4.7B |
| 93 | Extra Space Storage Inc. (EXR) | REIT - Industrial | 4.48% | 81% | $30.6B |
| 94 | Invitation Homes Inc. (INVH) | REIT - Residential | 4.45% | 64% | $15.8B |
| 95 | Summit Hotel Properties, Inc. (INN) | REIT - Hotel & Motel | 4.44% | 27% | $776.5M |
| 96 | Kimco Realty Corporation (KIM) | REIT - Retail | 4.40% | 56% | $15.7B |
| 97 | Weyerhaeuser Company (WY) | REIT - Specialty | 4.38% | 76% | $13.8B |
| 98 | Brixmor Property Group Inc. (BRX) | REIT - Retail | 4.33% | 53% | $8.7B |
| 99 | CBL & Associates Properties, Inc. (CBL) | REIT - Retail | 4.32% | — | $1.5B |
| 100 | Urban Edge Properties (UE) | REIT - Retail | 4.31% | 40% | $2.4B |
| 101 | Acadia Realty Trust (AKR) | REIT - Retail | 4.30% | 60% | $2.6B |
| 102 | FrontView REIT, Inc. (FVR) | REIT - Diversified | 4.26% | — | $434.8M |
| 103 | Camden Property Trust (CPT) | REIT - Residential | 4.24% | 62% | $10.0B |
| 104 | STAG Industrial, Inc. (STAG) | REIT - Industrial | 4.24% | 58% | $7.0B |
| 105 | Lamar Advertising Company (LAMR) | REIT - Specialty | 4.22% | 72% | $15.8B |
| 106 | Federal Realty Investment Trust (FRT) | REIT - Retail | 4.18% | 49% | $9.4B |
| 107 | Simon Property Group, Inc. (SPG) | REIT - Retail | 4.17% | 45% | $72.5B |
| 108 | CareTrust REIT, Inc. (CTRE) | REIT - Healthcare Facilities | 4.09% | 72% | $8.4B |
| 109 | Regency Centers Corporation (REG) | REIT - Retail | 4.06% | 58% | $13.4B |
| 110 | American Homes 4 Rent (AMH) | REIT - Residential | 4.04% | 63% | $11.2B |
| 111 | Sun Communities, Inc. (SUI) | REIT - Residential | 3.99% | 52% | $13.2B |
| 112 | Essex Property Trust, Inc. (ESS) | REIT - Residential | 3.96% | 68% | $16.8B |
| 113 | Public Storage (PSA) | REIT - Industrial | 3.87% | 72% | $57.9B |
| 114 | OUTFRONT Media Inc. (OUT) | REIT - Specialty | 3.82% | 66% | $5.5B |
| 115 | American Tower Corporation (AMT) | REIT - Specialty | 3.80% | 69% | $85.2B |
| 116 | Host Hotels & Resorts, Inc. (HST) | REIT - Hotel & Motel | 3.76% | 42% | $17.3B |
| 117 | COPT Defense Properties (CDP) | REIT - Office | 3.73% | 44% | $3.8B |
| 118 | Equity LifeStyle Properties, Inc. (ELS) | REIT - Residential | 3.70% | 69% | $11.3B |
| 119 | Ryman Hospitality Properties, Inc. (RHP) | REIT - Hotel & Motel | 3.59% | 59% | $8.4B |
| 120 | First Industrial Realty Trust, Inc. (FR) | REIT - Industrial | 3.58% | 57% | $7.2B |
| 121 | Phillips Edison & Company, Inc. (PECO) | REIT - Retail | 3.46% | 51% | $4.9B |
| 122 | LXP Industrial Trust (LXP) | REIT - Industrial | 3.43% | 94% | $3.6B |
| 123 | Industrial Logistics Properties Trust (ILPT) | REIT - Industrial | 3.41% | 6% | $491.7M |
| 124 | Prologis, Inc. (PLD) | REIT - Industrial | 3.37% | 65% | $119.0B |
| 125 | InvenTrust Properties Corp. (IVT) | REIT - Retail | 3.28% | 50% | $2.3B |
| 126 | EastGroup Properties, Inc. (EGP) | REIT - Industrial | 3.28% | 66% | $10.5B |
| 127 | Terreno Realty Corporation (TRNO) | REIT - Industrial | 3.27% | 66% | $6.9B |
| 128 | Service Properties Trust (SVC) | REIT - Hotel & Motel | 3.17% | 23% | $815.9M |
| 129 | Iron Mountain Incorporated (IRM) | REIT - Specialty | 2.92% | 79% | $34.4B |
| 130 | The Macerich Company (MAC) | REIT - Retail | 2.85% | 101% | $6.8B |
| 131 | Sunstone Hotel Investors, Inc. (SHO) | REIT - Hotel & Motel | 2.82% | 49% | $2.4B |
| 132 | Empire State Realty Trust, Inc. (ESRT) | REIT - Diversified | 2.82% | 19% | $860.5M |
| 133 | Xenia Hotels & Resorts, Inc. (XHR) | REIT - Hotel & Motel | 2.71% | 35% | $1.9B |
| 134 | DiamondRock Hospitality Company (DRH) | REIT - Hotel & Motel | 2.66% | 34% | $2.9B |
| 135 | Digital Realty Trust, Inc. (DLR) | REIT - Specialty | 2.66% | — | $66.5B |
| 136 | SBA Communications Corporation (SBAC) | REIT - Specialty | 2.58% | — | $19.6B |
| 137 | Chatham Lodging Trust (CLDT) | REIT - Hotel & Motel | 2.55% | 30% | $693.4M |
| 138 | Ventas, Inc. (VTR) | REIT - Healthcare Facilities | 2.52% | 53% | $42.9B |
| 139 | Curbline Properties Corp. (CURB) | REIT - Retail | 2.50% | 64% | $3.4B |
| 140 | Century Communities, Inc. (CCS) | Real Estate - Development | 2.24% | — | $1.6B |
| 141 | Vornado Realty Trust (VNO) | REIT - Office | 2.15% | 10% | $6.4B |
| 142 | KE Holdings Inc. (BEKE) | Real Estate Services | 2.11% | — | $19.5B |
| 143 | Equinix, Inc. (EQIX) | REIT - Specialty | 2.00% | 54% | $99.7B |
| 144 | American Healthcare REIT, Inc. (AHR) | REIT - Healthcare Facilities | 1.94% | 56% | $11.2B |
| 145 | Marcus & Millichap, Inc. (MMI) | Real Estate Services | 1.93% | — | $1.1B |
| 146 | Chiron Real Estate Inc. (XRN) | REIT - Healthcare Facilities | 1.53% | — | $380.9M |
| 147 | Piedmont Realty Trust, Inc. (PDM) | REIT - Office | 1.36% | 11% | $1.1B |
| 148 | Welltower Inc. (WELL) | REIT - Healthcare Facilities | 1.35% | 62% | $166.7B |
| 149 | Newmark Group, Inc. (NMRK) | Real Estate Services | 1.24% | 7% | $2.2B |
| 150 | The St. Joe Company (JOE) | Real Estate - Diversified | 0.94% | 21% | $3.9B |
| 151 | Janus Living, Inc. (JAN) | REIT - Residential | 0.58% | 64% | $8.0B |
| 152 | Diversified Healthcare Trust (DHC) | REIT - Healthcare Facilities | 0.51% | — | $1.9B |
| 153 | OFFICE PROPERTIES INCOME TRUST (OPI) | Real Estate - Diversified | 0.24% | — | $293.7M |
| 154 | Pebblebrook Hotel Trust (PEB) | REIT - Hotel & Motel | 0.19% | — | $2.4B |
Real Estate dividend stocks — questions
- Which Real Estate stock has the highest dividend yield?
- Invesco Mortgage Capital Inc. (IVR), at 23.54% over the last twelve months.
- Which Real Estate stocks have the highest dividend yields?
- Invesco Mortgage Capital Inc. (IVR) 23.54%, ARMOUR Residential REIT, Inc. (ARR) 22.73%, Redwood Trust, Inc. (RWT) 22.09%, PennyMac Mortgage Investment Trust (PMT) 22.01%, MFA Financial, Inc. (MFA) 21.21%, Chicago Atlantic Real Estate Finance, Inc. (REFI) 20.80%, Chimera Investment Corporation (CIM) 19.69%, Dynex Capital, Inc. (DX) 18.84%, Blackstone Mortgage Trust, Inc. (BXMT) 17.80%, Sunrise Realty Trust, Inc. (SUNS) 17.60%.
- How many Real Estate companies pay a dividend?
- 154 of the companies EquiReason covers; their median dividend yield is 5.18%.
- How is the dividend yield calculated?
- Cash dividends per share paid over the last twelve months, divided by the latest share price. A high yield can come from a rising dividend or from a falling price; the payout ratio (last fiscal year's dividends per share ÷ diluted EPS, or ÷ FFO for REITs) shows how much of earnings the dividend uses.
Related: All Real Estate companies by market cap · Largest companies by market cap · Earnings calendar
How these figures are read: methodology · EquiReason.