2023 REIT Dividend Yields
As of Dec. 12, publicly traded U.S. equity REITs posted a 1-year average dividend yield of 4.09%, according to S&P.

Values shown are average by property type. As of Dec. 12, 2023. Source: S&P Global Market Intelligence
As of Dec. 12, 2023 publicly traded U.S. equity REITs posted a one-year average dividend yield of 4.09 percent.
The health care REIT sector recorded the highest one-year average dividend yield among this group, at 5.07 percent, outperforming the broader Dow Jones Equity All REIT Index by 0.98 percentage points. The self storage sector followed with 4.21 percent.
The 10-Year T-Note outperformed the Apartments REIT sector by 25.11 basis points. The apartments REIT sector logged dividend yield of 3.70 percent.
On the other end of the spectrum, the manufactured homes REIT sector logged the lowest average dividend yield at 2.83 percent.
Jerra Joy Agravio is an associate in the Real Estate Client Operations Department of S&P Global Market Intelligence.
—Posted on Dec. 19, 2023

Values shown are average by property type. As of Sep 4, 2023. Source: S&P Global Market Intelligence
As of Sept. 4, publicly traded U.S. equity REITs posted a one-year average dividend yield of 3.93 percent.
The health care REIT sector recorded the highest one-year average dividend yield among this group, at 5.22 percent, outperforming the broader Dow Jones Equity All REIT Index by 1.29 percentage points. The self storage sector followed with 3.84 percent.
The 10-Year T-Note outperformed the Apartments REIT sector by 21.71 basis points. The apartments REIT sector logged dividend yield of 3.52 percent.
On the other end of the spectrum, the manufactured homes REIT sector logged the lowest average dividend yield at 2.72 percent.
— Iman Niazi is a Senior Associate in the Real Estate Client Operations Department of S&P Global Market Intelligence.
If you are interested to learn more about the products and services available within S&P Global Real Estate data, please visit us here: https://www.spglobal.com/marketintelligence/en/campaigns/real-estate
—Posted on Sep. 29, 2023

Values shown are average by property type. As of Mar. 30, 2023. Source: S&P Global Market Intelligence
As of March 30th publicly traded U.S. equity REITs posted a one-year average dividend yield of 3.54 percent.
The health care REIT sector recorded the highest one-year average dividend yield among this group, at 4.89 percent, outperforming the broader Dow Jones Equity All REIT Index by 1.35 percentage points. The self storage sector followed with 3.41 percent.
The 10-Year T-Note outperformed the apartments REIT sector by 20.50 basis points. The apartments REIT sector logged dividend yield of 3.16 percent.
On the other end of the spectrum, the manufactured homes REIT sector logged the lowest average dividend yield at 2.42 percent.
Jerra Joy Agravio is an Associate in the Real Estate Client Operations Department of S&P Global Market Intelligence.
If you are interested to learn more about the products and services available within S&P Global Real Estate data, please visit us here: https://www.spglobal.com/marketintelligence/en/campaigns/real-estate
—Posted on Apr. 28, 2023

Values shown are average by property type. As of Mar. 15, 2023. Source: S&P Global Market Intelligence
As of March 15, 2023 publicly traded U.S. equity REITs posted a one-year average dividend yield of 3.49 percent.
The health care REIT sector recorded the highest one-year average dividend yield among this group, at 4.82 percent, outperforming the broader Dow Jones Equity All REIT Index by 1.33 percentage points. The self storage sector followed with 3.35 percent.
The 10-Year T-Note outperformed the Apartments REIT sector by 20.25 basis points. The apartments REIT sector logged dividend yield of 3.12 percent.
On the other end of the spectrum, the manufactured homes REIT sector logged the lowest average dividend yield at 2.39 percent.
Iman Niazi is an Associate in the Real Estate Client Operations Department of S&P Global Market Intelligence.
If you are interested to learn more about the products and services available within S&P Global Real Estate data, please visit us here: https://www.spglobal.com/marketintelligence/en/campaigns/real-estate
—Posted on Mar. 29, 2023