Real estate investment trusts (REITs) can be incredible stocks for dividend investors. Right now, the average dividend yield for all REITs as tracked by the National Association of Real Estate Investment Trusts (NAREIT) is more than double dividend yield of the S&P 500. Certain REITs, in particular, can offer above-average returns, which over time can lead to notable dividend income as dividends grow.
Simon Property's (SPG) Q1 results reflect a better-than-expected top line. With an improving operating environment, this retail REIT also raises its 2022 FFO per share outlook and dividend.
Image source: The Motley Fool. Simon Property Group (NYSE: SPG)Q1 2022 Earnings CallMay 09, 2022, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGreetings, and welcome to Simon Property Group first quarter 2022 earnings conference call.