REIT Industry Monthly Data for September 2024
Industry Size
- FTSE Nareit All REITs equity market capitalization = $1.554 trillion
- FTSE Nareit All Equity REITs equity market capitalization = $1.492 trillion
- 194 REITs are in the FTSE Nareit All REITs Index.
- 157 REITs trade on the New York Stock Exchange.
- NYSE listed REITs equity market capitalization = $1.321 trillion
Dividends
Yield Comparison
- FTSE Nareit All REITs: 3.85%
- FTSE Nareit All Equity REITs: 3.58%
- S&P 500: 1.22%
- Listed REITs (equity REITs and mREITs) paid out approximately $63.6 billion and public non-listed REITs paid out approximately $5.1 billion in dividends during 2023.
- By market cap-weighted average, 79 percent of the annual dividends paid by REITs qualify as ordinary taxable income, 10 percent qualify as return of capital and 11 percent qualify as long-term capital gains in 2023.
Leverage and Coverage Ratios
(Balance sheet data as of Q2 2024)
All Equity REITs
- Debt Ratio: 34.1%
- Coverage Ratio: 4.9x
Average Daily Dollar Trading Volume
- September 2024: $10.2 billion
- September 2019: $8.5 billion
- September 2014: $5.5 billion
Data as of September 30, 2024, except where noted.
All data are derived from, and apply only to, listed U.S. REITs unless otherwise noted.