26 US REITs hike dividend payments in February


26 US REITs hike dividend payments in February


Twenty-six publicly traded real estate investment trusts in the US declared increases to their regular dividends in February, according to S&P Global Market Intelligence data.

Hotel REIT DiamondRock Hospitality Co. announced the largest dividend increase in February, raising its quarterly cash payout by 166.7% to 8 US cents per share, payable to shareholders April 11. The new dividend is 36% lower than its pre-pandemic level in 2019.

First Industrial Realty Trust Inc. announced the second-largest dividend increase during the month. The industrial REIT raised its quarterly dividend by 20.3% to 44.5 US cents per share, payable to shareholders April 21.

Xenia Hotels & Resorts Inc. increased its quarterly dividend by 16.7% to 14 US cents per share, payable to shareholders April 15...


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RSK: Wow! a 166% increase to 8 cents per share....honey lock the back door we are going to celebrate in hog heaven!

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- - Volume: 25 - WEEK: 13 Date: 3/25/2025 7:30:14 PM -