US REIT dividends: well-known REITs and how they pay
Real estate investment trusts that own warehouses, cell towers, data centers, stores, storage units and casinos: how often they pay and what their 2026 dividends looked like.
General information, not financial advice. No prices or yields on this page: those change every day and live in the app.
A real estate investment trust (REIT) is a company that owns, and usually operates, income-producing real estate. Many income investors look at REITs because, to keep their tax status, they pay out most of their taxable income as dividends (see below). That also means they keep less cash to grow, so many REITs raise money by issuing shares or debt, and their prices can be sensitive to interest rates. This page covers seven of the largest and best-known US-listed REITs across different property types, with how often each pays and sourced facts about its 2026 dividend. Realty Income is the only monthly payer in this group. Today's yield is in the app, linked under each company.
How to read this page. Companies are listed alphabetically. The raise streak is consecutive years with a higher annual dividend, as the app counts it; “–” means the app shows no streak (the company's own statements, when there are any, are under dividend facts). Amounts are per share, in US dollars.
Why REITs pay large dividends. To keep its REIT status, a US REIT must distribute at least 90% of its taxable income (excluding net capital gains) to shareholders each year. A REIT that pays out less than all of it pays regular corporate tax on the part it keeps1.
American Tower
AMT- What it does
- Owns cell towers and other communications sites in the US and other countries, plus data centers.
- Pays
- Quarterly.
- Raise streak
- – (no confirmed count yet).
- Dividend facts
- American Tower declared $1.79 a share for each of the first two quarters of 2026; its first-quarter results put the per-share growth at 5.3% from a year earlier2.
Equinix
EQIX- What it does
- Data centers where companies and networks connect their equipment.
- Pays
- Quarterly.
- Raise streak
- – (the app shows no count yet).
- Dividend facts
- In February 2026 the quarterly dividend rose 10% to $5.16, which Equinix calls its 11th consecutive year of dividend growth since converting to a REIT3.
Prologis
PLD- What it does
- Logistics real estate: warehouses and distribution centers in many countries.
- Pays
- Quarterly.
- Raise streak
- – (no confirmed count yet).
- Dividend facts
- In February 2026 the board raised the annualized dividend 6% to $4.28 a share ($1.07 a quarter)4.
Public Storage
PSA- What it does
- Self-storage facilities in the US.
- Pays
- Quarterly.
- Raise streak
- – (no confirmed count yet).
- Dividend facts
- The regular common dividend was $3.00 a share in each of the first two quarters of 20265.
Realty Income
O- What it does
- Owns single-tenant commercial properties on long-term net leases.
- Pays
- Monthly. Its September 2026 release counts 675 consecutive monthly dividends since the company was founded6.
- Raise streak
- 31 years7. Realty Income says it has increased its dividend for over 31 consecutive years and is a member of the S&P 500 Dividend Aristocrats6.
- Dividend facts
- The September 8 2026 increase, to $0.2715 a month, was its 136th dividend increase6.
Simon Property Group
SPG- What it does
- Shopping malls, premium outlets and mixed-use properties.
- Pays
- Quarterly.
- Raise streak
- – (no confirmed count yet).
- Dividend facts
- Simon set its second-quarter 2026 dividend at $2.25 a share, 7.1% higher than a year earlier8.
VICI Properties
VICI- What it does
- Owns casino resorts and other entertainment properties leased to operators.
- Pays
- Quarterly.
- Raise streak
- – (no confirmed count yet).
- Dividend facts
- In September 2026 the quarterly dividend rose 2.2% to $0.46 ($1.84 a year), described as its ninth straight annual increase since its IPO9.
This page is general information, not financial advice. It is not a recommendation to buy, sell or hold any security. Dividends can be cut or suspended. Check the company's own filings before deciding anything.
Sources (last checked November 7, 2026)
- Withum, “REIT Distribution Requirements – What Happens if Requirements Are Not Met”, https://www.withum.com/resources/reit-distribution-requirements-what-happens-if-requirements-are-not-met/ ; RSM, “The ABCs of REITs”, https://rsmus.com/insights/industries/real-estate/abcs-of-reits.html
- American Tower, Q2 2026 distribution, SEC Form 8-K, https://www.sec.gov/Archives/edgar/data/0001053507/000105350726000116/exhibit9912026q2dividend.htm ; American Tower, Q1 2026 results, SEC Form 8-K, https://www.sec.gov/Archives/edgar/data/0001053507/000105350726000094/pressreleaseq12026.htm
- Equinix, “Equinix Increases Quarterly Dividend on Its Common Stock for 11th Consecutive Year Since REIT Conversion” (Feb 11 2026), https://investor.equinix.com/news-events/press-releases/detail/1097/equinix-increases-quarterly-dividend-on-its-common-stock ; Equinix newsroom, https://newsroom.equinix.com/2026-02-11-Equinix-Increases-Quarterly-Dividend-on-Its-Common-Stock-for-11th-Consecutive-Year-Since-REIT-Conversion
- Prologis, “Prologis Board of Directors Approves 6 Percent Increase in Quarterly Common Stock Dividend” (Feb 12 2026, PDF), https://d1io3yog0oux5.cloudfront.net/_45648ecae11be79f57b897cf83ae232f/prologis/news/2026-02-12_Prologis_Board_of_Directors_Approves_6_Percent_1031.pdf ; Zacks, “Prologis Rewards Its Investors With a 5.9% Dividend Increase”, https://www.zacks.com/stock/news/2869130/prologis-rewards-its-investors-with-a-59-dividend-increase
- Public Storage, “Public Storage Declares First Quarter 2026 Dividends”, https://investors.publicstorage.com/news-events/press-releases/news-details/2026/Public-Storage-Declares-First-Quarter-2026-Dividends/default.aspx ; Public Storage, “Public Storage Declares Second Quarter 2026 Dividends”, https://investors.publicstorage.com/news-events/press-releases/news-details/2026/Public-Storage-Declares-Second-Quarter-2026-Dividends/default.aspx
- Realty Income, “136th Common Stock Monthly Dividend Increase Declared by Realty Income” (Sep 8 2026, Finviz copy), https://finviz.com/news/389807/136th-common-stock-monthly-dividend-increase-declared-by-realty-income ; Realty Income press release page, https://www.realtyincome.com/investors/press-releases/136th-common-stock-monthly-dividend-increase-declared-realty-income
- Raise streaks: Parachute Monkey's dividend records (payment history), checked against the company releases listed on this page.
- Barchart, “This High-Yield REIT Just Hiked Its Dividend by 7.1%” (Simon Q1 2026), https://www.barchart.com/story/news/2027465/this-high-yield-reit-just-hiked-its-dividend-by-7-1-its-shares-look-compelling-here ; Zacks, “SPG Q1 FFO Tops Estimates, Dividend and Guidance Raised”, https://www.zacks.com/stock/news/2919868/spg-q1-ffo-tops-estimates-dividend-and-guidance-raised
- VICI Properties, “VICI Properties Inc. Increases Regular Quarterly Dividend” (Sep 3 2026, Finviz copy), https://finviz.com/news/388912/vici-properties-inc-increases-regular-quarterly-dividend ; Casino.org, “Casino Landlord VICI Raises Its Dividend Again”, https://www.casino.org/news/casino-landlord-vici-raises-its-dividend-again/