The aim for this article is to determine A) how attractive dividend yields offered by REITs are compared to the historical average and to the average S&P 500 company, B) the provided yields across various REIT sectors, and C) which particular sector could be considered the best pick for dividend oriented investors.
Before jumping right to the analysis, I would like to stress that viewing investments on a total return basis is of paramount importance rather than just picking some asset based on its provided dividend yield. By constraining the investment basket to just dividend