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.

By Khamile Armhynn Sabas

Source: S&P Global Market Intelligence

Publicly traded U.S. equity REITs had a one-year average dividend yield of 3.92 percent as of March 29. The health-care REIT sector posted the highest one-year average dividend yield among the group, at 5.57 percent, outperforming the broader SNL U.S. REIT Equity Index by 1.65 percentage points. The hotel and diversified REIT sectors followed with 5.36 percent and 4.80 percent one-year average dividend yields, respectively.

The 10-Year T-Note, on the other hand, registered the lowest one-year average yield at 2.41 percent. The manufactured homes sector logged the lowest dividend yield among U.S. REIT sectors at 2.73 percent.

— Khamile Armhynn Sabas is a senior analyst in the real estate product operations department of S&P Global Market Intelligence.