REIT Industry Monthly Data for October 2024
Industry Size
- FTSE Nareit All REITs equity market capitalization = $1.494 trillion
- FTSE Nareit All Equity REITs equity market capitalization = $1.435 trillion
- 196 REITs are in the FTSE Nareit All REITs Index.
- 159 REITs trade on the New York Stock Exchange.
- NYSE listed REITs equity market capitalization = $1.265 trillion
Dividends
Yield Comparison
- FTSE Nareit All REITs: 4.00%
- FTSE Nareit All Equity REITs: 3.71%
- S&P 500: 1.24%
- 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 Q2 2024)
All Equity REITs
- Debt Ratio: 34.1%
- Coverage Ratio: 4.9x
Average Daily Dollar Trading Volume
- October 2024: $8.4 billion
- October 2019: $7.4 billion
- October 2014: $6.2 billion
Data as of October 31, 2024, except where noted.
All data are derived from, and apply only to, listed U.S. REITs unless otherwise noted.