In a positive development for investors, two real estate investment trusts (REITs) recently announced dividend increases. This signals potential opportunities in the real estate market, as these companies strive to deliver enhanced returns to their shareholders.
Let’s check out each dividend raiser to see if there's a spot for one or both in your portfolio.
Mode Mobile developed a smartphone called EarnPhone, which allows users to earn and save money by playing video games, listening to music and reading the news. With the phone priced at an affordable $99, the barriers to adoption are low.
Earning Opportunity for All Smartphone Users
Mode EarnPhone
State-of-the-art smartphone device includes built-in earning features.
EarnOS
Proprietary earning software turns smartphones into EarnPhones.
UDR
UDR UDR owns or has ownership interests in 60,336 apartment homes across some of the most desirable markets in the United States, including Boston, Dallas, Denver, New York City, Orlando, Philadelphia, San Francisco, Seattle, and Washington, D.C.
In its fourth quarter earnings release on February 6, UDR announced a 1.2% increase to its dividend. It now pays a quarterly dividend of $0.425 per share, equating to an annualized rate of $1.70 and giving it a yield of about 4.8% at the time of this writing.
It's also very important to note that UDR is on track for 2024 to mark the 15th consecutive year in which it has raised its annual dividend payment. This track record and its high yield make it one of the most attractive dividend stocks in the entire real estate industry.
Don't Miss:
- Investing in real estate just got a whole lot simpler. This Dara Khosrowshahi-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100.
- Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. A platform backed by industry giant Marcus & Millichap is changing that, allowing individuals to invest in commercial real estate with as little as $5,000.
American Assets Trust
American Assets Trust AAT owns and manages a portfolio of premier office, retail, and residential properties across major U.S. markets, including Southern California, Northern California, Washington, Oregon, Texas and Hawaii.
In its fourth quarter earnings release on February 6, AAT announced a 1.5% increase to its dividend. It now pays a quarterly dividend of $0.335 per share, equating to an annualized rate of $1.34 and giving it a yield of about 6.2% at the time of this writing.
AAT is now on track for 2024 to mark the fourth consecutive year in which it has raised its annual dividend payment.
Read Next:
- Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. A platform backed by industry giant Marcus & Millichap is changing that, allowing individuals to invest in commercial real estate with as little as $5,000.
- Collecting passive income from real estate just got a whole lot simpler. A new real estate fund backed by Dara Khosrowshahi gives you instant access to a diversified portfolio of rental properties, and you only need $100 to get started.
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
