2 REITs Yielding Up To 6% With Over 25 Years Of Dividend Growth

As the real estate landscape continues to evolve, investors seek 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.

Realty Income

Realty Income O is one of the world's 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, equating to an annualized dividend of $3.156 per share, which gives its stock a yield of about 6% at the time of this writing. 

In addition to offering investors a high yield, Realty Income is a dividend aristocrat. It has raised its annual dividend for 29 consecutive years, and its recent hikes have it on track for 2024 to mark the 30th consecutive year with an increase.

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Federal Realty Investment Trust

Federal Realty Investment Trust FRT owns and manages a portfolio of 102 mixed-use properties and open and shopping centers containing 26 million square feet. Its properties are located in top suburban markets, including Boston, Chicago, Miami, New York City, Philadelphia, Phoenix, Silicon Valley, and Washington, D.C., and contain approximately 3,300 commercial tenants and approximately 3,100 residential units.

Federal Realty currently pays a quarterly dividend of $1.09 per share, equating to an annualized dividend of $4.36 per share, which gives its stock a yield of about 4.3% at the time of this writing. 

In addition to offering a high yield, Federal Realty has raised its annual dividend payment for an incredible 56 consecutive years, giving it the longest consecutive record in the REIT industry.

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Are You Missing Out On Even Higher Yields?

The current high-interest-rate environment has created an incredible opportunity for income-seeking investors to earn massive yields, but not through dividend stocks… Certain private market real estate investments are giving retail investors the opportunity to capitalize on these high-yield opportunities and Benzinga has identified some of the most attractive options for you to consider. 

For example, the Jeff Bezos-backed investment platform just launched its Private Credit Fund, which provides access to a pool of short-term loans backed by residential real estate with a target 7% to 9% net annual yield paid to investors monthly. The best part? Unlike other private credit funds, this one has a minimum investment of only $100. 

Don't miss out on this opportunity to take advantage of high-yield investments while rates are high. Check out Benzinga's favorite high-yield offerings. 

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