A real estate investment trust owns income-producing property such as offices, warehouses, data centres, cell towers, apartments and hospitals, and passes most of the rent to its shareholders. Buying a REIT share gives you a share of that rental income without buying property yourself.

Why do US REITs pay high dividends?

A US REIT must pay out at least 90% of its taxable income as dividends each year to keep its REIT status, which lets it avoid most corporate income tax. That's why REIT yields usually sit above the wider market's.

How many REITs are in the S&P 500?

This site scores 28 REITs in the S&P 500. Their median dividend yield is 4.1%.

Which S&P 500 REIT has the highest dividend yield?

As of this site's latest data, VICI Properties Inc. Common Stock (VICI) has the highest dividend yield among S&P 500 REITs, at 7.4%. Its fundamentals score is 73/100.

Which S&P 500 REIT has the highest score?

As of this site's latest data, Federal Realty Investment Trust Common Stock (FRT) has the highest fundamentals score among S&P 500 REITs, at 74/100, with a dividend yield of 4.1%.

Is a REIT scored differently from other stocks?

A few measures use REIT-specific cutoffs because a REIT's business works differently: P/E, P/B, debt-to-equity, interest cover and payout are judged against REIT norms. For example, a high payout counts as a strength for a REIT. Full rules: https://scoreyourstock.com/how.

S&P 500 REITs, Ranked by Dividend Yield

Every real estate investment trust (REIT) in the S&P 500, highest dividend yield first, with its fundamentals score so you can see which payouts the business can back. REITs pay out most of their income, so their yields run higher than most stocks. A payout above 100% means the REIT paid out more than its reported profit that year.

Quick answer

S&P 500 REITs: 28. Median dividend yield: 4.1%. Highest yields: Vici Properties (7.4%), Alexandria Real Estate Equities (7.2%) and Host Hotels & Resorts (6.6%). Highest scores: Federal Realty Investment Trust (74), Regency Centers (74) and Vici Properties (73). Paid out more than their reported profit: 17. Market data as of 2 Nov 2026.

Stocks scored28 of 28Median score58 / 100↑ 540 strong · 26 okay · 2 weak

REIT average by pillarBusiness Strength60↓ 61Financial Safety62↓ 63Cash & Dividends67↑ 60Price Fairness27↑ 21Risk60↓ 63

All 28 REITs, highest yield first

28 stocks


VICI Properties Inc. Common StockVici Properties VICI · REIT	73	7.4%	US$ 26.9b	50	100	88	67	70	82.6%	5/5
Alexandria Real Estate Equities, Inc. Common StockAlexandria Real Estate Equities ARE · REIT	25	7.2%	US$ 7.0b	0	25	38	33	30	-41.9%	5/5
Host Hotels & Resorts, Inc.Host Hotels & Resorts HST · REITNew High	73	6.6%	US$ 17.6b	90	75	80	50	70	63.5%	4/5
Healthpeak Properties, Inc. Common StockHealthpeak Properties DOC · REIT	47	6.4%	US$ 13.5b	50	25	100	17	20	347.7%	5/5
Realty Income Corporation Common StockRealty Income O · REIT	65	5.7%	US$ 53.9b	80	75	63	33	75	236.4%	5/5
Mid-America Apartment Communities, Inc. Common StockMid-America Apartment Communities MAA · REIT	38	5.2%	US$ 13.9b	30	50	60	17	30	184.6%	5/5
Crown Castle Inc. Common StockCrown Castle CCI · REIT	42	4.8%	US$ 38.9b	10	75	70	0	60	224.9%	5/5
Vivmark Residential (formerly AvalonBay Communities)Vivmark Residential VMRK · REIT	59	4.5%	US$ 47.9b	63	100	60	33	50	97.2%	5/5
Invitation Homes Inc. Common StockInvitation Homes INVH · REIT	61	4.5%	US$ 15.5b	70	50	60	33	90	105.5%	5/5
BXP, Inc. Common StockBXP BXP · REIT	58	4.5%	US$ 11.3b	70	25	50	67	70	102.3%	5/5
Kimco Realty Corporation (HC) Common StockKimco Realty KIM · REIT	59	4.3%	US$ 16.3b	60	50	83	33	70	99.4%	5/5
Extra Space Storage Inc Common StockExtra Space Storage EXR · REIT	59	4.3%	US$ 33.3b	70	50	80	17	70	132.1%	5/5
Camden Property Trust Common StockCamden Property Trust CPT · REIT	49	4.2%	US$ 11.7b	60	75	60	17	40	140.6%	5/5
Federal Realty Investment Trust Common StockFederal Realty Investment Trust FRT · REIT	74	4.1%	US$ 9.6b	80	50	88	67	80	90.3%	5/5
Weyerhaeuser Company Common StockWeyerhaeuser WY · REIT	40	4.1%	US$ 14.7b	10	75	40	17	67	133.8%	5/5
Simon Property Group, Inc. Common StockSimon Property Group SPG · REIT	65	4.1%	US$ 82.7b	90	50	60	50	70	72.3%	5/5
UDR, Inc. Common StockUDR UDR · REIT	58	4.1%	US$ 13.0b	80	50	60	17	75	109.6%	5/5
Regency Centers CorporationRegency Centers REG · REIT	74	4.1%	US$ 13.9b	80	75	88	50	80	121.1%	5/5
Essex Property Trust, Inc. Common StockEssex Property Trust ESS · REIT	40	3.9%	US$ 18.2b	30	25	70	0	60	191%	5/5
American Tower Corporation (REIT) Common StockAmerican Tower AMT · REIT	66	3.8%	US$ 87.3b	90	50	80	33	70	98.7%	5/5
Public Storage Common StockPublic Storage PSA · REIT	51	3.7%	US$ 60.7b	60	75	80	0	40	92.7%	5/5
Prologis, Inc. Common StockPrologis PLD · REIT	64	3.3%	US$ 124.4b	70	100	75	17	70	93%	5/5
Iron Mountain Incorporated (Delaware)Common Stock REITIron Mountain IRM · REIT	43	3%	US$ 34.7b	70	75	40	0	40	238.1%	5/5
Digital Realty Trust, Inc. Common StockDigital Realty DLR · REITAI	56	2.7%	US$ 67.2b	50	75	75	17	70	189%	5/5
SBA Communications CorporationSBA Communications SBAC · REIT	60	2.6%	US$ 19.9b	70	100	40	50	60	51%	5/5
Ventas, Inc. Common StockVentas VTR · REIT	46	2.4%	US$ 44.8b	40	50	70	17	50	372.5%	5/5
Equinix, Inc.Equinix EQIX · REITAI	43	2%	US$ 99.6b	80	50	40	0	50	127.7%	5/5
Welltower Inc. Common StockWelltower WELL · REIT	53	1.3%	US$ 172.1b	63	50	80	17	50	130.1%	5/5

Common questions

More US lists: AI · New High · Dividend stocks · Net cash stocks · All US stocks