TSX Real Estate Dividend Stock Picks

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 Morguard Real Estate Investment Trust and Dream Office Real Estate Investment Trust generate high dividend income to shareholders. If you’re a long term investor, these high-dividend real estate stocks can boost your monthly portfolio income.

Morguard Real Estate Investment Trust (TSX:MRT.UN)

MRT.UN has a great dividend yield of 7.15% and distributes 86.47% of its earnings to shareholders as dividends . In the last 10 years, shareholders would have been happy to see the company increase its dividend from CA$0.90 to CA$0.96. During this period, they haven’t missed a payment, as one would expect from a company increasing their dividend. Over the next year, analysts are estimating a double digit EPS growth of 46.81%. More on Morguard Real Estate Investment Trust here.

TSX:MRT.UN Historical Dividend Yield Feb 26th 18
TSX:MRT.UN Historical Dividend Yield Feb 26th 18

Dream Office Real Estate Investment Trust (TSX:D.UN)

D.UN has an alluring dividend yield of 4.60% and a reasonably sustainable dividend payout ratio , with the expected payout in three years being 65.36%. Despite D.UN’s last payment of CA$1.00 being lower than their dividend per share 10 years ago of CA$2.20, the company has been reliable in its payout to shareholders, not missing a payment during this time. The last 12 months have seen an earnings growth of 89.54% for Dream Office Real Estate Investment Trust. Continue research on Dream Office Real Estate Investment Trust here.

TSX:D.UN Historical Dividend Yield Feb 26th 18
TSX:D.UN Historical Dividend Yield Feb 26th 18

Crombie Real Estate Investment Trust (TSX:CRR.UN)

CRR.UN has a juicy dividend yield of 6.73% and the company currently pays out 78.62% of its profits as dividends . In the last 10 years, shareholders would have been happy to see the company increase its dividend from CA$0.85 to CA$0.89. During this period, the company has not missed a dividend payment – as you would expect from a company increasing their dividend. The company outperformed the ca reits industry’s earnings growth of 17.90%, reporting an EPS growth of 30.82% over the past 12 months. Interested in Crombie Real Estate Investment Trust? Find out more here.

TSX:CRR.UN Historical Dividend Yield Feb 26th 18
TSX:CRR.UN Historical Dividend Yield Feb 26th 18

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.