Khamile Armhynn Sabas
2018 REIT Results
The projected proportion of earnings to be paid as dividends, cycling among REIT subcategories.
Manufactured Home REITs Outperform Market
The sector had the largest last-12-months funds from operations multiple of all publicly traded U.S. equity REITs, at 24.7x, according to S&P Global Market Intelligence data.
Health-Care REITs Hit Highest Dividend Yields
The hotel and diversified REIT sectors also had strong one-year average dividend yields, according to S&P Global Market Intelligence data.
Specialty REITs Top Capital Raising in 2017
Among publicly traded U.S. equity REITs, the specialty sector raised the greatest amount of capital last year, according to S&P Global Market Intelligence data.
REIT Dividend Yields
The Health Care sector posted the greatest one-year average dividend yield among the group, at 5.3 percent, outperforming the broader SNL U.S. REIT Equity Index by 1.5 percentage points.
Regional Mall REITs Trade at Largest Discount to NAV
Retail REITs continue to be challenged, with the regional mall sector and shopping center sector trading at discounts of 30.7 percent and 15.2 percent, respectively, according to S&P Global Market Intelligence data.
REIT Returns
As of Nov. 3, publicly traded SNL U.S. REIT Equity Index posted a 13.7 percent one-year total return.
REITs
At the company level, Healthcare REIT Community Healthcare Trust Inc. traded at the greatest premium to NAV, at 38. percent.
Specialty REITs Raise Most Capital Year-to-Date
The specialty sector raised $25.9 billion in capital year-to-date through Sept. 29, with communications REITs raising more than 40 percent of that total, according to S&P Global Market Intelligence data.
REIT Values
As of Sept. 1, 2017, the manufactured homes sector led all publicly traded U.S. Equity REIT sectors in terms of the last twelve months funds from operations (LTM FFO) multiple.