Data as of the October 19, 2026 close. Every figure on this page is checked against at least two independent sources, or two separate SEC filings, before it is published. How we verify data.
The 30 highest-yielding equity REITs, as of the October 19, 2026 close. 7 of them carry a REIT Rankings grade of B or better; the rest are graded C or D, which usually means the market doubts the dividend.
Use the grade and the raise columns together. A high yield from a REIT that is still raising its dividend reads very differently from a high yield on a REIT whose price has collapsed. Our REIT dividend safety page tracks every cut this year.
| # | REIT | Ticker | Sector | Yield | Annual dividend | Years of increases | Raised in 2026 | Grade |
|---|---|---|---|---|---|---|---|---|
| 1 | Innovative Industrial Properties | IIPR | Industrial | 14.73% | $7.60 | n/a | No | C 61 |
| 2 | Medical Properties Trust | MPT | Healthcare | 12.63% | $0.36 | n/a | No | D 47 |
| 3 | Brandywine Realty Trust | BDN | Office | 12.31% | $0.32 | n/a | No | C 56 |
| 4 | NexPoint Residential Trust | NXRT | Residential | 11.82% | $2.12 | 9 | No | C 60 |
| 5 | Global Net Lease | GNL | Net Lease | 10.38% | $0.76 | n/a | No | D 51 |
| 6 | AH Realty Trust | AHRT | Retail | 9.56% | $0.56 | n/a | No | D 52 |
| 7 | Gaming and Leisure Properties | GLPI | Gaming | 8.45% | $3.28 | n/a | Yes | B 76 |
| 8 | Easterly Government Properties | DEA | Office | 8.38% | $1.80 | n/a | No | C 55 |
| 9 | One Liberty Properties | OLP | Net Lease | 8.36% | $1.80 | n/a | No | C 60 |
| 10 | Saul Centers | BFS | Retail | 8.14% | $2.36 | n/a | No | C 63 |
| 11 | Douglas Emmett | DEI | Office | 8.03% | $0.76 | n/a | No | C 57 |
| 12 | VICI Properties | VICI | Gaming | 7.97% | $1.84† | 6 | No | B 82 |
| 13 | Alexanders | ALX | Retail | 7.73% | $18.00 | n/a | No | C 59 |
| 14 | BRT Apartments | BRT | Residential | 7.64% | $1.00 | n/a | No | D 54 |
| 15 | CTO Realty Growth | CTO | Retail | 7.59% | $1.52 | n/a | No | C 58 |
| 16 | Alpine Income Property Trust | PINE | Net Lease | 7.24% | $1.28† | 5 | Yes | C 60 |
| 17 | Alexandria Real Estate Equities | ARE | Office | 7.09% | $2.88 | n/a | No | C 59 |
| 18 | Highwoods Properties | HIW | Office | 7.01% | $2.00 | n/a | No | C 66 |
| 19 | Getty Realty | GTY | Net Lease | 6.97% | $1.94 | 9 | No | B 73 |
| 20 | EPR Properties | EPR | Net Lease | 6.85% | $3.72 | n/a | Yes | C 68 |
| 21 | Americold Realty Trust | COLD | Industrial | 6.71% | $0.92 | n/a | No | C 60 |
| 22 | Healthpeak Properties | DOC | Healthcare | 6.65% | $1.22† | n/a | No | B 73 |
| 23 | Broadstone Net Lease | BNL | Net Lease | 6.64% | $1.17 | n/a | Yes | B 72 |
| 24 | American Assets Trust | AAT | Office | 6.60% | $1.36 | n/a | No | C 63 |
| 25 | JBG SMITH Properties | JBGS | Office | 6.48% | $0.70 | n/a | No | D 53 |
| 26 | Safehold | SAFE | Specialty | 6.39% | $0.71 | n/a | No | C 62 |
| 27 | Kilroy Realty | KRC | Office | 6.35% | $2.16 | n/a | No | C 65 |
| 28 | Sabra Health Care REIT | SBRA | Healthcare | 6.29% | $1.20 | n/a | No | B 73 |
| 29 | Park Hotels & Resorts | PK | Hotels | 6.21% | $1.00 | n/a | No | C 61 |
| 30 | NNN REIT | NNN | Net Lease | 6.07% | $2.48† | 25+ | No | B 79 |
† The current dividend rate is above the per-share dividend in the latest 10-Q, consistent with a recent increase. The prior rate is confirmed by the filing; the new rate comes from payment records and is confirmed when the next 10-Q is filed.
How This List Is Built
Equity REITs only; mortgage REITs are ranked separately because their yields reflect leveraged lending. Yield is the indicated annual dividend divided by the closing price verified across Nasdaq and Cboe, with the dividend rate checked against the latest 10-Q. Suspended dividends and special payouts are excluded.
Frequently Asked Questions
Which equity REIT has the highest dividend yield?
Innovative Industrial Properties (IIPR), yielding 14.73% on the October 19, 2026 close, with a grade of C.
Are high-yield REITs safe?
Some are. Of the 30 highest yields here, 7 belong to REITs graded B or better. A yield far above peers usually means the price has fallen on doubts about the dividend, so check the grade, the payout record and leverage.
Why are mortgage REITs not on this list?
Mortgage REITs routinely yield in the teens because they borrow heavily to own loans and bonds. Mixing them with property owners would push every equity REIT off the list. See best mortgage REITs for that sector.
Which high-yield REITs pay monthly?
See our monthly dividend REITs list, which ranks every monthly payer by yield with grades and growth records.
How often is this list updated?
Every trading day after the close, using verified closing prices and dividend rates checked against SEC filings.
Related Pages
REIT dividend safety 2026 · REITs yielding more than Treasuries · Monthly dividend REITs · Dividend growth REITs yielding 4%+
REIT Rankings publishes data and grades, not investment advice. Nothing on this page is a recommendation to buy, sell or hold any security. Do your own research or consult a licensed advisor.