Following the outbreak of the coronavirus pandemic, businesses, schools, offices, and restaurants were forced to close. The emphasis shifted away from real estate investment trusts (REITs) and property stocks. The real estate sector began to recover as the pandemic subsided and vaccination rates increased. Funds-from-operations (FFOs) for all equity REITs increased by 2% in the first quarter of 2021. This gradual growth eventually resulted in a complete recovery of REIT total returns as of May 21st, 2021. One of the reasons for this recovery has been attributed to REITs’ inherent resilience. Thus far in 2021, traditional REITs have outperformed the benchmark S&P 500 index. This is because of their ability to act as inflation hedges and their historically high dividend yields. As a result, investing in real estate investment trusts has grown in popularity and profitability.
Insider Monkey takes a look at the 10 high yield monthly REIT dividend stocks to buy. Gladstone Land Corporation acquires and owns farmland and agricultural-related real estate. The company is ranked tenth on our list of the best monthly dividend REIT stocks to buy. Since 2013, it has been paying monthly dividends to its shareholders. STAG Industrial, Inc. acquires and operates industrial properties with a single tenant throughout the United States. The company ranks ninth on our list of the best monthly high yield real estate investment trusts to buy and has developed an investment strategy that allows investors to balance income and growth. Agree Realty Corporation is a publicly traded real estate investment trust focused on the acquisition and development of net-leased properties for industry-leading retail tenants. Revenue was $82.55 million, up 43.47 percent year over year and $0.83 million above expectations. The company is ranked seventh on our list of the best monthly REITs to buy. Realty Income Corporation has increased 19.94% in the last six months and 20.97% year to date. Revenue was $464.28 million, up 19.28 percent year over year and $31.06 million above expectations. SL Green Realty Corp. is the next high yield monthly REIT stock to buy on the list. The company acquires, manages, and enhances the value of commercial properties in Manhattan. It is up 1.4% over the last six months and 21.29 percent year to date. For more details, click 10 High Yield Monthly REIT Dividend Stocks To Buy.
