These REITs Just Hiked Their Dividends - Again

In a positive development for investors, two real estate investment trusts (REITs) recently announced dividend increases. This signals potential opportunities in the real estate market, as these companies strive to deliver enhanced returns to their shareholders. 

Let’s check out each dividend raiser to see if there's a spot for one or both in your portfolio.

Pre-IPO Offer: Get A Piece Of A Nearly $5T Global Opportunity By Joining BOXABL As An Early Shareholder At Just $0.80/Share

• Massive Demand & Disruptive Potential – Boxabl has received interest for over 190,000 homes, positioning itself as a major disruptor in the housing market.
• Revolutionary Manufacturing Approach – Inspired by Henry Ford’s assembly line, Boxabl’s foldable tiny homes are designed for high-efficiency production, making homeownership more accessible.
• Affordable Investment Opportunity – With homes priced at $60,000, Boxabl is raising $1 billion to scale production, offering investors a chance to own a stake in its growth.

Share Price: $0.80

Min. Investment: $1,000

Valuation: $3.5B

Click Here To Invest For Just $0.80/Share ($1000 Min)

American Homes 4 Rent

American Homes 4 Rent AMH owns and manages a portfolio of over 58,000 single-family homes, positioning itself as one of the largest homeowners in the United States alongside Invitation Homes. Its portfolio spans 21 states in the Southeast, Midwest, Southwest, and Mountain Regions, encompassing markets like Orlando, Tampa, Dallas, Houston, Nashville, Denver, Phoenix, Salt Lake City, and Seattle.

On February 21, American Homes 4 Rent announced an 18% increase to its quarterly dividend. It now pays a quarterly dividend of $0.26 per share, equating to an annualized rate of $1.04 per share and giving its stock a yield of about 3% at the time of this writing.

American Homes 4 Rent is now on track for 2024 to mark the fourth consecutive year in which it has raised its annual dividend payment, making it a quality dividend-growth stock.

Don't Miss:

• Investing in real estate just got a whole lot simpler. This Dara Khosrowshahi-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100.
• Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. A platform backed by industry giant Marcus & Millichap is changing that, allowing individuals to invest in commercial real estate with as little as $5,000.

Plymouth Industrial REIT

Plymouth Industrial REIT PLYM owns, operates, and manages a portfolio of 211 single and multi-tenant industrial properties totaling over 34 million square feet. Nearly all of its properties reside inside the "Golden Triangle" region of the United States, which contains over 70% of the U.S. population. It's also worth noting that it counts FedEx FDX as one of its ten largest tenants.

In its fourth-quarter earnings release on February 21, Plymouth announced a 6.7% increase to its quarterly dividend. It now pays a quarterly dividend of $0.24 per share, equating to an annualized rate of $0.96 per share and giving its stock a yield of about 4.4% at the time of this writing.

Plymouth is now on track for 2024 to mark the fourth consecutive year in which it has raised its annual dividend payment, making it qualify as both a high-yield and dividend-growth play.

Read Next:

• Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. A platform backed by industry giant Marcus & Millichap is changing that, allowing individuals to invest in commercial real estate with as little as $5,000. 
• Collecting passive income from real estate just got a whole lot simpler. A new real estate fund backed by Dara Khosrowshahi gives you instant access to a diversified portfolio of rental properties, and you only need $100 to get started.

Image Credit: Shutterstock