18 REITs estimated to raise dividends in Q3, RLJ Lodging Trust expected to lead


By: Mary Christine Joy, SA NewsJul. 08, 2025

The Real Estate Select Sector SPDR® Fund ETF (XLRE), RWR, ICF, FRI, SCHH, MORT, SRET, KBWY, USRT, REIT, NURE, BBRE, SPRE, RDOG, HAUSDLR, ALEX, CTO, ADC, O, WELL, FRT, BRT, NNN, EGP, TRNO, RLJ, CHCT, IIPR, VICI, NTST, CBL, STRW
A total of 18 publicly traded REITs are expected to hike their dividend payouts in the third quarter, according to a report by S&P Global Market Intelligence.

The forecast takes into account 137 public real estate investment trusts. The remaining are projected to maintain their payouts.

RLJ Lodging Trust (RLJ) is estimated to increase its distribution by about 13.3% to $0.17 per share in August, according to analysts.

The hotel REIT had declared a quarterly dividend of $0.15 per share in June. The estimated dividend hike reportedly makes this the highest potential increase in the third quarter.

The second-highest potential dividend raise could be from Alexander & Baldwin (ALEX), according to Market Intelligence.

The diversified REIT is estimated to hike its quarterly payout by 11.1% to $0.25 per share from $0.225. The announcement could come in late July, according to the report.

Welltower (WELL) follows, with a potential quarterly distribution hike of 9.0% to $0.73 per share from $0.67.

Other notable dividend increases are expected to come from:

EastGroup Properties (EGP) (8.6% quarterly hike to $1.52 per share from $1.40)
Terreno Realty (TRNO) (8.2% quarterly hike to $0.53 per share from $0.49)
BRT Apartments (BRT) (8.0% quarterly hike to $0.27 per share from $0.25)
Strawberry Fields REIT (STRW) (7.1% quarterly hike to $0.15 per share from $0.14)
CBL & Associates Properties (CBL) (6.2% quarterly hike to $0.425 per share from $0.40)
CTO Realty Growth (CTO) (5.3% quarterly hike to $0.40 per share from $0.38)
Digital Realty Trust (DLR) (4.1% quarterly hike to $1.27 per share from $1.22)
VICI Properties (VICI) (4.0% quarterly hike to $0.45 per share from $0.4325)
Innovative Industrial Properties (IIPR) (2.6% quarterly hike to $1.95 per share from $1.90)
NNN REIT (NNN) (2.6% quarterly hike to $0.595 per share from $0.58)
NETSTREIT (NTST) (2.4% quarterly hike to $0.215 per share from $0.21)
Federal Realty Investment Trust (FRT) (0.9% quarterly hike to $1.11 per share from $1.10)
Community Healthcare Trust (CHCT) (0.5% quarterly hike to $0.4725 from $0.47)
Agree Realty (ADC) (0.4% monthly hike to $0.257 per share from $0.256)
Realty Income (O) (0.2% monthly hike to $0.2695 per share from $0.269)