11 Sep, 2025
9 US and Canada REITs raise dividends in August
By Joyce Guevarra and Ronamil Portes
This Data Dispatch is updated monthly. The analysis includes publicly traded real estate investment trusts covered by S&P Global Market Intelligence that are based in the US or Canada and trade on the NYSE, Nasdaq, NYSE American, Toronto Stock Exchange or TSX Venture Exchange.
Seven US equity real estate investment trusts announced dividend increases in August, according to S&P Global Market Intelligence data.
Industrial REIT EastGroup Properties Inc. announced on Aug. 22 a new quarterly dividend of $1.55 per share, a 10.7% increase sequentially and up by the same percentage from its payout at the end of 2024. The new dividend is 106.7% higher than EastGroup's dividend in 2019.
Healthcare-focused Strawberry Fields REIT Inc.'s new quarterly dividend is 16 cents per share, up 14.3% over its last dividend and its payout at 2024-end. Federal Realty Investment Trust, which invests in shopping centers, raised its quarterly payout 2.7% to $1.13 a share, while National Health Investors Inc. raised its quarterly dividend to 92 cents a share.
Terreno Realty Corp. announced a new quarterly dividend of 52 cents per share. CBL & Associates Properties Inc. and Simon Property Group Inc. both announced on Aug. 4 increased quarterly dividends of 45 cents per share and $2.15 per share, respectively.
In Canada, two REITs raised payouts during the month. Crombie Real Estate Investment Trust and Automotive Properties REIT announced increased monthly payouts of 7.50 and 6.85 Canadian cents a share, respectively.
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Dividend increases by sector
Year to date through Aug. 31, US REITs with raised dividends totaled 56, or 35.7% of the industry.
Industrial REITs lead with about 61.5% of the sector raising dividends, followed by the residential and retail sectors.
In Canada, nine REITs have raised payouts, or 20% of the Canada REIT industry.
