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Prologis and Sun Communities Are Leading the Race Among REITs to Increase Dividends

Many real estate investment trusts (REITs) have been strong performers throughout the COVID-19 pandemic thanks to record low mortgage interest rates and strong housing demand.

While lodging, resorts, and retail initially took a hit, these sectors experienced the strongest rebound during the fourth quarter of 2020 and balance sheets have remained strong across the industry, according to Nareit’s quarterly REIT performance report.

Here are four leading REITs that recently announced an increase in their dividends.

 

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