Best Real Estate Dividend Stocks - For High Returns in 2024

Real estate dividend stocks, particularly Real Estate Investment Trusts (REITs), offer a unique opportunity for investors seeking consistent income through dividends while gaining exposure to the real estate market. These stocks are known for their ability to generate stable cash flows from rent, leasing, and property appreciation, making them an attractive option for those looking to diversify their portfolio with income-generating assets. Real estate dividend stocks provide the benefit of steady, reliable payouts, often with higher yields than many traditional stocks. We’ll explore the top real estate dividend stocks, showcasing why this sector remains a compelling choice for income-focused investors looking to tap into the lucrative real estate industry.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
Realty Income5.65%291.48%54.78%1.25%0.02%3.00%3.46%
Simon Property4.45%108.09%23.96%21.89%0.84%-1.17%4.83%
Public Storage3.78%121.41%29.31%5.79%0.19%8.45%8.83%
Prologis2.59%113.05%33.39%1.94%0.06%12.63%12.00%
Digital Realty Trust2.64%370.16%137.54%2.86%0.02%3.85%4.57%
AvalonBay Communities2.97%91.60%30.95%2.71%0.09%2.34%4.43%
Equity Residential3.65%109.58%30.05%2.57%0.08%4.17%3.66%
Ventas3.00%-1101.78%-373.51%2.55%-0.01%-10.66%-4.10%
Welltower1.98%160.04%86.20%2.60%0.03%-6.85%-2.24%
American Tower3.33%276.77%82.96%25.29%0.28%15.41%19.35%
Crown Castle6.45%222.15%34.40%7.98%0.21%7.93%0.00%
Weyerhaeuser3.13%127.15%40.96%2.20%0.05%4.69%7.44%
Alexandria Real Estate Equities4.81%114.58%23.76%1.01%0.04%5.87%6.63%
Iron Mountain 2.33%734.89%320.62%-129.61%-2.59%1.34%8.92%
Extra Space Storage3.07%169.98%41.45%2.39%0.06%14.04%16.15%
CubeSmart4.41%113.57%26.03%3.76%0.14%10.17%15.72%
Mid-America Apartment Communities3.69%130.83%35.66%3.13%0.09%8.70%7.25%
Essex Property Trust3.21%111.25%35.18%3.56%0.10%4.43%6.68%
UDR3.78%439.84%115.88%4.21%0.03%5.12%5.89%
Federal Realty Investment Trust3.83%124.95%32.65%3.08%0.10%1.44%3.69%
Kimco Realty3.87%187.29%43.80%1.60%0.04%-1.85%1.78%
Regency Centers4.47%124.62%33.94%2.02%0.06%3.37%3.54%
Boston Properties4.72%190.11%36.06%2.27%0.06%2.29%-0.69%
Vornado Realty Trust0.66%2908.83%1058.85%1.64%0.00%-23.16%-13.62%
SL Green Realty3.92%-157.47%-35.10%1.32%-0.04%-0.36%8.04%
Invitation Homes3.39%153.50%46.01%2.04%0.04%24.57%0.00%
American Homes 4 Rent2.78%104.15%37.49%1.96%0.05%34.49%33.21%
Omega Healthcare Investors6.83%192.12%28.50%2.36%0.09%0.30%3.72%
LTC Properties6.14%97.52%16.11%1.72%0.11%0.00%1.81%
National Retail Properties5.36%104.79%19.86%1.80%0.09%2.72%3.38%
Brixmor Property3.68%99.52%27.25%3.11%0.11%-1.12%0.00%
Ryman Hospitality Properties3.73%75.33%20.49%12.81%0.62%3.77%-5.59%
Gaming and Leisure Properties6.07%105.24%17.61%3.22%0.19%4.15%0.00%
Tanger Factory Outlet Centers3.01%122.26%40.96%6.91%0.17%-6.98%0.92%
W. P. Carey6.09%143.85%22.50%1.46%0.06%-0.11%1.84%
Omega Healthcare Investors6.83%192.12%28.50%2.36%0.09%0.30%3.72%
Global Net Lease16.31%-191.74%-9.56%0.73%-0.07%-6.11%0.00%
Gladstone Commercial7.15%288.95%33.85%4.25%0.11%-4.36%-2.21%
Sabra Health Care REIT6.75%286.65%42.89%1.52%0.04%-7.79%-1.24%
Healthpeak Properties6.59%305.49%61.89%1.77%0.03%-2.45%-0.72%
STAG Industrial4.12%152.42%36.34%1.98%0.05%0.71%2.06%
Kite Realty Trust3.76%-2223.58%-603.67%1.76%-0.00%-5.44%14.87%
Four Corners Property Trust4.72%127.24%27.96%2.04%0.08%10.60%0.00%
Essential Properties Realty Trust3.51%97.84%29.19%1.80%0.06%20.88%0.00%
Industrial Logistics Properties Trust1.11%-2.56%-2.31%0.41%-0.16%-46.70%0.00%
Urban Edge Properties2.96%30.50%10.59%2.23%0.22%-6.17%0.00%
EPR Properties7.50%138.65%17.12%1.42%0.08%-5.24%0.44%
Chatham Lodging Trust2.89%-703.41%-149.49%0.62%-0.00%-26.66%-9.68%
Apple Hospitality REIT6.25%151.97%18.97%1.18%0.10%-4.92%0.00%
CareTrust REIT3.99%156.03%46.34%1.90%0.05%1.79%0.00%
Independence Realty Trust2.99%-65740.18%-21948.24%1.43%-0.00%-2.95%8.80%