The real estate sector performs relatively in-line with the wider economy. Prosperous periods bring about high growth and inflation, leading to strong returns in real estate investments. During these times, companies such as Agree Realty and Ryman Hospitality Properties generate high dividend income to shareholders. Today I will share with you my list of high-dividend real estate stocks you should consider for your portfolio.
Agree Realty Corporation (NYSE:ADC)
ADC has an alluring dividend yield of 4.36% and pays 95.08% of it’s earnings as dividends , with analysts expecting a 117.58% payout in the next three years. While there’s been some fluctuation in the yield over the last 10 years, the dividends per share have increased in this time. The company recorded earnings growth of 28.80% in the past year, comparing favorably with the us reits industry average of 4.94%. Interested in Agree Realty? Find out more here.
Ryman Hospitality Properties, Inc. (NYSE:RHP)
RHP has a sumptuous dividend yield of 4.46% and has a payout ratio of 91.49% . RHP’s 4.46% yield puts it in the top quartile of US payers. Interested in Ryman Hospitality Properties? Find out more here.
National Retail Properties, Inc. (NYSE:NNN)
NNN has a substantial dividend yield of 4.96% and distributes 128.01% of its earnings to shareholders as dividends . NNN’s dividends have seen an increase over the past 10 years, with payments increasing from US$1.42 to US$1.90 in that time. They have been consistent too, not missing a payment during this 10 year period. The company outperformed the us reits industry’s earnings growth of 4.94%, reporting an EPS growth of 8.23% over the past 12 months. More detail on National Retail Properties here.
For more solid dividend payers to add to your portfolio, you can use our free platform to explore our interactive list of top dividend payers.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.