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 6.2% that have been growing their dividends in recent years.
Mode Mobile developed a smartphone called EarnPhone, which allows users to earn and save money by playing video games, listening to music and reading the news. With the phone priced at an affordable $99, the barriers to adoption are low.
Earning Opportunity for All Smartphone Users
Mode EarnPhone
State-of-the-art smartphone device includes built-in earning features.
EarnOS
Proprietary earning software turns smartphones into EarnPhones.
Terreno Realty Corporation
Terreno Realty Corporation TRNO owns and manages a portfolio of industrial properties across six major coastal U.S. markets – Seattle, the San Francisco Bay Area, Los Angeles, Miami, Washington D.C., and Northern New Jersey / New York City.
Terreno currently pays a quarterly dividend of $0.45 per share, equating to an annualized dividend of $1.80 per share, which gives its stock a yield of about 3.3% at the time of this writing.
On top of having a high yield, Terreno is a dividend-growth superstar. It has raised its dividend every year since paying its first dividend in 2011, putting it on track for 2024 to mark the 13th 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.
- Want To Grow Your Wealth Passively? Unlock Real Wealth with Cityfunds’ Exclusive 8% Yield Fund.
American Assets Trust
American Assets Trust AAT owns and manages a portfolio of premier office, retail, and residential properties primarily across Southern California, Northern California, Washington, Oregon, Texas, and Hawaii.
AAT currently pays a quarterly dividend of $0.335 per share, equating to an annualized dividend of $1.34 per share, which gives its stock a yield of about 6.2% at the time of this writing.
In addition to having a high yield, AAT is an up-and-coming dividend-growth star. It has raised its annual dividend payment each of the last three years, and its 1.5% hike in February has it on track for 2024 to mark the fourth consecutive year with an increase.
Read Next:
- Dara Khosrowshahi-Backed Startup Lets You Become a Landlord with $100.
- Miami Is Expected To Take New York's Place As The US Financial Capital. Invest In It With $500 Before That Happens.
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
