Top 10 REITs Dividend Yields

As the REIT boom continues to develop, China Analyst takes a look at the best performing REITs.  Below is a list of the top 10 dividend yielding REITs as of March 2011. (Click the following link for the full article: CAnalyst.com)

10. PennyMac Mortgage Investment Trust PMT

Dividend Rate as of March 2011: 8.98%

Average Dividend Rate for 2010: 81.81%

9. Mission West Properties, Inc. MSW

Dividend Rate as of March 2011:  9.04%

Average Dividend Rate for 2010: 503.40%

8. Investment Management Corp. WAC

Dividend Rate as of March 2011: 10.11%.

Average Dividend Rate for 2010: 140.83%

7. New York Mortgage Trust, Inc. NYMT

Dividend Rate as of March 2011: 10.11%

Average Dividend Rate for 2010: 131.28%

6. Dynex Capital, Inc. DX

Dividend Rate as of March 2011: 10.47%

Average Dividend Rate for 2010: 67.78%

5. MFA Financial, Inc. MFA

Dividend Rate as of March 2011: 11.53%

Average Dividend Rate for 2010: 95.71%

4. Anworth Mortgage Asset Corporation ANH

Dividend Rate as of March 2011: 12.57%

Average Dividend Rate for 2010: 109.93 %

3. Resource Capital Corp. RSO

Dividend Rate as of March 2011: 13.97%

Average Dividend Rate for 2010: 262.10%

2. American Capital Agency Corp. AGNC:

Dividend Rate as of March 2011: 18.65%

Average Dividend Rate for 2010: 79.81%

1. ARMOUR Residential REIT, Inc. ARR:

Dividend Rate as of March 2011: 19.51 %

Average Dividend Rate for 2010: 140.22%