The real estate sector performs relatively in-line with the wider economy. Prosperous periods bring about high growth and inflation, leading to strong returns in real estate investments. These factors drive the profitability and cash flows of real estate companies, which in turn steer the dividend payout and yield for investors. During economic growth, these companies provide an opportune time to increase your portfolio income through dividends. If you’re a buy-and-hold investor, these healthy dividend stocks in the real estate industry can generously contribute to your monthly portfolio income.
Agree Realty Corporation (NYSE:ADC)
ADC has a substantial dividend yield of 4.36% and is currently distributing 95.08% of profits to shareholders , with the expected payout in three years being 117.58%. Although there has been some volatility in the company’s dividend yield, the DPS over a 10 year period has increased from US$2.00 to US$2.08. The company recorded earnings growth of 28.80% in the past year, comparing favorably with the us reits industry average of 4.94%. Dig deeper into Agree Realty here.
Ryman Hospitality Properties, Inc. (NYSE:RHP)
RHP has a juicy dividend yield of 4.46% and is paying out 91.49% of profits as dividends . RHP is among the markets top 25% of dividend payers, which is certainly enticing for interested investors. Continue research on Ryman Hospitality Properties here.
National Retail Properties, Inc. (NYSE:NNN)
NNN has a enticing dividend yield of 4.96% and the company currently pays out 128.01% of its profits as dividends . The company’s dividends per share have risen from US$1.42 to US$1.90 over the last 10 years. During this period, they haven’t missed a payment, as one would expect from a company increasing their dividend. National Retail Properties’s performance over the last 12 months beat the us reits industry, with the company reporting 8.23% EPS growth compared to its industry’s figure of 4.94%. Continue research on National Retail Properties here.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.