REIT Industry Monthly Data for April 2024
Industry Size
- FTSE Nareit All REITs equity market capitalization = $1.238 trillion
- FTSE Nareit All Equity REITs equity market capitalization = $1.181 trillion
- 193 REITs are in the FTSE Nareit All REITs Index.
- 157 REITs trade on the New York Stock Exchange.
- NYSE listed REITs equity market capitalization = $1.061 trillion
Dividends
Yield Comparison
- FTSE Nareit All REITs: 4.76%
- FTSE Nareit All Equity REITs: 4.40%
- S&P 500: 1.39%
- Listed REITs (equity REITs and mREITs) paid out approximately $63.1 billion and public non-listed REITs paid out approximately $6.1 billion in dividends during 2022.
- By market cap-weighted average, 70 percent of the annual dividends paid by REITs qualify as ordinary taxable income, 14 percent qualify as return of capital and 16 percent qualify as long-term capital gains in 2022.
Leverage and Coverage Ratios
(Balance sheet data as of Q4 2023)
All Equity REITs
- Debt Ratio: 33.2%
- Coverage Ratio: 4.1x
Average Daily Dollar Trading Volume
- April 2024: $8.0 billion
- April 2019: $6.5 billion
- April 2014: $5.1 billion
Data as of April 30, 2024, except where noted.
All data are derived from, and apply only to, listed U.S. REITs unless otherwise noted.