Apartments gained +0.82 % during the first half, while the office segment fell 5.25 %, retail dropped 7.24 % and the industrial sector plunged 11.33%. Of mortgage REITS, the commercial financing sector dropped 1.70% while the residential sector fell 6.12%.
As thinkadvisor informs MHProNews, for purposes of comparison, the dividend yield for the S&P 500 was 2.10%, while the S&P Composite 1500 returned 2.04%.
“Strong, consistent dividend income is an important component of REIT performance,” said NAREIT president and CEO Steven Wechsler in a statement. He noted that stock exchange-listed REITs paid out $42 billion in dividends in 2014, up 35% from $34 billion paid out in 2013. ##
(Photo credit: Sun Communities, Inc.)
