These REITs Yield Up to 6.3% and Are Have Been Growing Their Dividends

Real estate investment trusts (REITs) own, operate, or finance income-generating real estate. REITs allow individuals to invest in various types of real estate without having to directly own or manage the properties. REITs typically focus on a specific type of real estate, such as residential, commercial, or industrial, and they are required to distribute a large percentage of their taxable income to shareholders in the form of dividends, making them attractive for income-seeking investors.

Let's take a look at two REITs with yields up to 6.3% that have been growing their dividends in recent years.

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 Assets Trust

American Assets Trust AAT owns and manages a portfolio of premier office, retail, and residential properties across major U.S. markets, including Southern California, Northern California, Washington, Oregon, Texas and Hawaii.

AAT currently pays a quarterly dividend of $0.335 per share, equating to an annualized rate of $1.34, which gives its stock a yield of about 6.3% at the time of this writing.

In addition to having a very high yield, AAT is becoming a dividend-growth star. It has raised its annual dividend payment for three consecutive years, and its 1.5% hike in February has it on track for 2024 to mark the fourth consecutive year with an increase.

Don't Miss:

• Investing in real estate just got a whole lot simpler. This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100.
• Elon Musk Is Bullish On Austin. Here’s How To Invest In The City’s Growth Before He Floods It With New Tech Workers.

Americold Realty Trust

Americold Realty Trust COLD owns and/or operates 245 temperature-controlled warehouses containing approximately 1.5 billion refrigerated cubic feet of storage across North America, Europe, Asia-Pacific, and South America. Its warehouses are a crucial component of the supply chain that connects food producers, processors, distributors, and retailers to consumers.

Americold currently pays a quarterly dividend of $0.22 per share, equating to an annualized dividend of $0.88 per share, which gives its stock a yield of about 3.7% at the time of this writing. 

While Americold doesn't have a long active streak of dividend increases, it has shown a dedication to growing its dividend when it makes sense for the business. It has raised its annual dividend a total of three times since its initial public offering in 2018.

Read Next:

• Want To Grow Your Wealth Passively? These High-Yield Real Estate Notes Might Be Your Holy Grail
• Whole Foods’ Landlord Has Achieved A 15% Net IRR For Accredited Investors Since 2015 — Discover The Latest Investment Opportunities On Its Platform.

Image Credit: Shutterstock