10 Great Real Estate Stocks With 10+ Years of Dividend Raises

Real estate investment trusts (REITs) are some of the best dividend stocks to invest in. These unique stocks are required to pay at least 90% of taxable income in the form of dividends, meaning investors can earn consistent income streams, often with higher yields.

Investors who want to double down on dividend earnings should specifically seek out REITs with a history of raising dividends. Take a look at these 10 great real estate stocks with 10+ years of dividend increases.

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Dividend King Federal Realty Investment Trust (NYSE:FRT) starts off the list. The retail REIT owns and leases high-end outdoor shopping centers in nine major markets across the country and has the longest track record for dividend increases. The company has raised its dividend 55 years in a row and currently pays a yield of 4.27%.

ALSO READ: Dividend Kings of 2022

Realty Income (NYSE:O) is the largest net lease REIT in the world, with interest and ownership in over 11,400 commercial properties. Its absolutely massive market capitalization of $40 billion makes it a giant in the world of REITs, with an outstanding dividend record to boot.

The REIT pays dividends monthly, with 626 consecutive monthly payments and 117 dividend increases. Today, its yield is around 4.5%.

W.P. Carey (NYSE:WPC) is a diversified REIT, meaning the company owns a variety of commercial real estate, such as self-storage facilities, industrial warehouses, office space, and retail. It leases these properties on long-term net leases, earning revenues from the steady rental income stream.

The REIT just raised its dividends for the third quarter of 2022, putting the company at 25 years of consecutive dividend increases. Its dividend yield at the time of this writing is around 5%.

ALSO READ: 775 Reasons Why W.P. Carey Is Inflation-Resistant

National Retail Properties (NYSE:NNN) buys and leases single-tenant retail properties on long-term net leases. The company has decades of experience in the industry, with over 3,300 high-quality retail properties in its portfolio. Aside from its strong historical performance, it has maintained dividend increases for 33 consecutive years, giving it the title of Dividend Aristocrat. Today, its yield is 4.8%.

Universal Health Realty Income Trust (NYSE:UHT) is a medical REIT that owns and leases a variety of health-related properties like medical offices, acute care clinics, behavioral and specialized facilities, and childcare centers across the country.

The company has taken quite the beating over the past two years, so its yield is sitting high at 6%. But its beaten-up share price shouldn't necessarily deter income investors. After all, it has raised its dividend 36 years in a row now.

5 Stocks Under $49

Presented by Motley Fool Stock Advisor

We hear it over and over from investors, "I wish I had bought Amazon or Netflix when they were first recommended by The Motley Fool. I'd be sitting on a gold mine!" It's true, but we think these 5 other stocks are screaming buys. And you can buy them now for less than $49 a share! Click here to learn how you can grab a copy of "5 Growth Stocks Under $49" for FREE for a limited time only.

Residential REITs aren't known for massive dividend increases. Most of the biggest apartment REITs maintain steady dividend payments over growth, but Essex Property Trust (NYSE:ESS) is an exception.

The REIT owns 253 apartment communities in Southern California, the Bay area, and the Seattle region. Population changes for these markets have left the stock down this year, but its track record of 28 years of consistent dividend increases makes its 3.2% dividend return hard to beat.

Extra Space Storage (NYSE:EXR) is one of the fastest-growing self-storage REITs in the industry. Known for being a recession-resilient industry, the self-storage sector has taken off over the last few years. In addition to its 1,300 wholly or partly owned storage facilities, it offers third-party management services on nearly 900 properties.

The company has grown its dividend by 500% since 2010, with 12 years of steady increases. Today, its return is around 3.1%.

Agree Realty (NYSE:ADC) is another retail-focused net lease REIT that owns roughly 1,600 retail properties across the country and 193 ground lease properties. It has raised its dividend yearly over the last 10 years while paying dividends monthly.

ALSO READ: The 3 Safest REITs To Buy Right Now

It may surprise you to see an office REIT on this list. After all, most office REITs paused or slashed their dividends after the pandemic dramatically transformed the workplace.

But Alexandria Real Estate Equities (NYSE:ARE) has not only maintained its dividends but also has continued to raise them every year since 2010. The REIT leases office space primarily to life sciences, one of the fastest-growing industries in the office sector. Today, its dividend yield is around 3%.

Communications infrastructure REIT American Tower (NYSE:AMT) is the largest REIT by market capitalization. The company's core business is leasing communication assets like cell towers and antennas to global cell phone companies. But it recently expanded into the data center industry, too.

Over the last decade, the company has grown its dividend payout by 531%. Raising its dividend every quarter for the past 10 years. Today, its yield is around 2.25%.

5 Stocks Under $49

Presented by Motley Fool Stock Advisor

We hear it over and over from investors, "I wish I had bought Amazon or Netflix when they were first recommended by The Motley Fool. I'd be sitting on a gold mine!" It's true, but we think these 5 other stocks are screaming buys. And you can buy them now for less than $49 a share! Click here to learn how you can grab a copy of "5 Growth Stocks Under $49" for FREE for a limited time only.

It's important for investors to remember that a track record of 10+ years of dividend increases is a fantastic place to start when looking for solid dividend stocks to buy. But it's not the only consideration to make. Economic conditions or changes to a company's financial position could put dividends at risk in the future. However, 10 years is a solid record to stand behind.

Liz Brumer-Smith has positions in American Tower and Extra Space Storage. The Motley Fool has positions in and recommends American Tower. The Motley Fool has a disclosure policy.