REIT Industry Monthly Data for December 2024
Industry Size
- FTSE Nareit All REITs equity market capitalization = $1.424 trillion
- FTSE Nareit All Equity REITs equity market capitalization = $1.368 trillion
- 196 REITs are in the FTSE Nareit All REITs Index.
- 158 REITs trade on the New York Stock Exchange.
- NYSE listed REITs equity market capitalization = $1.199 trillion
Dividends
Yield Comparison
- FTSE Nareit All REITs: 4.29%
- FTSE Nareit All Equity REITs: 3.96%
- 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 Q3 2024)
All Equity REITs
- Debt Ratio: 30.7%
- Coverage Ratio: 4.1x
Average Daily Dollar Trading Volume
- December 2024: $9.5 billion
- December 2019: $8.1 billion
- December 2014: $5.9 billion
Data as of December 31, 2024, except where noted.
All data are derived from, and apply only to, listed U.S. REITs unless otherwise noted.