7 REITs That Pay Consistent and Growing Dividends

If you're looking to build a steady stream of income without having to constantly check the stock market, Real Estate Investment Trusts (REITs) might be right up your alley. These companies own and often manage real estate that generates income, like shopping centers, apartment buildings, or office spaces. One big reason people invest in REITs is for the dividends — many of them pay out regular earnings, and some even increase those payouts year after year.

To help you get started, we’ve listed 7 REITs that have a strong track record of paying dependable and growing dividends. You can explore more on dividendstacker.com for extra insights, but let’s get into the list right here.

1. **Realty Income Corp (O)**
Often called “The Monthly Dividend Company,” Realty Income has increased its dividend over 100 times since it started trading publicly. It owns thousands of commercial properties and has tenants like Walgreens and Dollar General, which adds a strong foundation for steady income.

2. **Digital Realty Trust (DLR)**
This REIT focuses on data centers, which are in high demand thanks to the growing role of the internet in all parts of life. Digital Realty has been raising its dividend for over 15 years, making it appealing to those who want growth and stability.

3. **Public Storage (PSA)**
People always need a place to store stuff, and Public Storage has capitalized on that need. With properties across the U.S., this REIT has a long history of rising dividends. Plus, the self-storage business often performs well in both good and bad economic times.

4. **American Tower (AMT)**
AMT owns cell towers around the globe. As the use of mobile devices grows, so does the need for more towers. This REIT has been sharing in that growth with rising dividend payments over the years.

5. **Prologis (PLD)**
This industrial REIT plays a key role in the supply chain, owning warehouses and distribution centers. It’s been benefiting from the increase in online shopping and has been consistently growing its dividend.

6. **Ventas Inc. (VTR)**
Focusing on healthcare properties like senior living centers and medical offices, Ventas taps into aging population trends. While it’s had some ups and downs, it still offers consistency in payouts.

7. **WP Carey (WPC)**
With a diverse mix of industrial, office, and retail properties, WP Carey spreads its risks across different markets. It also has a track record of growing dividends over decades.

These REITs can be a helpful piece of a long-term income plan. As always, it’s smart to do a little research and consider how they fit with your personal goals.

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