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As the real estate market continues to evolve, investors are looking for stable returns and diversification through real estate investment trusts (REITs). Among the myriad of options available, two REITs stand out for their exceptional performance and strategic positioning in the market. Let’s take a look at each one.
Real estate income
Real estate income (NYSE:O) is one of the largest global REITs with a portfolio of 15,485 commercial real estate properties totaling approximately 334 million square feet, which are leased to more than 1,550 clients.
Realty Income currently pays a monthly dividend of $0.263, which equates to an annualized dividend of $3.156 per share, giving its stock a yield of about 6% at the time of writing.
In addition to offering investors a high yield, Realty Income is a Dividend Aristocrat. It has increased its annual dividend for 29 consecutive years, and its recent increases put it on track to make 2024 the 30th consecutive year of increases.
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Federal Real Estate Investment Trust
Federal Real Estate Investment Trust (NYSE:FRT) owns and manages a portfolio of 102 mixed-use properties and retail and open-air centers totaling 26 million square feet. Its properties are located in major suburban markets, including Boston, Chicago, Miami, New York, Philadelphia, Phoenix, Silicon Valley and Washington, D.C., and are comprised of approximately 3,300 retail tenants and approximately 3,100 residential units.
Federal Realty currently pays a quarterly dividend of $1.09 per share, which equates to an annualized dividend of $4.36 per share, giving its stock a yield of approximately 4.3% as of this writing.
In addition to offering a high yield, Federal Realty has increased its annual dividend payout for 56 consecutive years, giving it the longest consecutive record in the REIT industry.
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Are you missing out on even higher returns?
The current high-interest rate environment has created an incredible opportunity for income-seeking investors to earn massive yields, but not through dividend stocks… Some private market real estate investments offer retail investors the chance to capitalize on these high-yielding opportunities, and Benzinga has identified Some of the most attractive options to consider.
For example, the investment platform backed by Jeff Bezos has just launched its Private credit fundwhich provides access to a pool of short-term loans secured by residential real estate with a target of 7-9% net annual returns paid monthly to investors. The best part? Unlike other private credit funds, This one has a minimum investment of just $100.
Don’t miss this opportunity to take advantage of high-yield investments while rates are high. Check out Benzinga’s favorite high-yield deals.
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This item 2 REITs generating up to 6% with over 25 years of dividend growth originally appeared on Benzinga.com
