Performance in the real estate sector generally tracks the economic cycle. During periods of high growth and inflation, real estate investments usually post strong returns. However, during an economic bust, these investments tend to underperform. During these times, companies such as Tanger Factory Outlet Centers and National Health Investors generate high dividend income to shareholders. I’ve made a list of other value-adding dividend-paying stocks in the real estate industry for you to consider for your investment portfolio.
Tanger Factory Outlet Centers, Inc. (NYSE:SKT)
SKT has a sumptuous dividend yield of 6.17% and has a payout ratio of 193.84% . The company’s DPS have increased from US$0.76 to US$1.40 over the last 10 years. They have been consistent too, not missing a payment during this 10 year period. Over the next 12 months, analysts are predicting double digit earnings growth of 42.08%. Dig deeper into Tanger Factory Outlet Centers here.
National Health Investors, Inc. (NYSE:NHI)
NHI has a enticing dividend yield of 5.97% and is paying out 97.51% of profits as dividends , with analysts expecting this ratio in three years to be 109.89%. Although there has been some volatility in the company’s dividend yield, the DPS over a 10 year period has increased from US$2.28 to US$4.00. National Health Investors’s performance over the last 12 months beat the us reits industry, with the company reporting 5.16% EPS growth compared to its industry’s figure of 4.83%. Dig deeper into National Health Investors here.
Senior Housing Properties Trust (NASDAQ:SNH)
SNH has a enticing dividend yield of 10.26% with a generous payout ratio . SNH has increased its dividend from US$1.40 to US$1.56 over the past 10 years. They have been dependable too, not missing a single payment in this time. More on Senior Housing Properties Trust here.
For more solid dividend paying companies to add to your portfolio, explore this 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.