Last Year's REIT Dividend Yield 9.86%... Down 2.60%p from Previous Year
Last year, the dividend yield of real estate investment trusts (REITs) was 9.86%, showing a slight decrease compared to the previous year.
On the 17th, the Ministry of Land, Infrastructure and Transport announced that the dividend yield of all REITs, excluding policy REITs, was 9.86%, down 2.6 percentage points from the previous year. Policy REITs are REITs established through investments by entities such as Korea Land and Housing Corporation (LH) or Housing and Urban Guarantee Corporation (HUG) to supply rental housing.
The dividend yield of operating REITs, which purchase and develop real estate for investment and business activities, was 8.62%. This represents a decrease of 1.21 percentage points compared to the previous year. The dividend yields by six investment categories of operating REITs were as follows: office (9.64%), logistics (8.95%), hotel (8.68%), retail (8.51%), mixed-use (5.32%), and residential (1.59%).
The dividend yield of liquidated REITs, which have ended investment and business activities by selling real estate, was 88.79%, a sharp decline of 11.89 percentage points from the previous year. The dividend yields by investment category were office (125.31%), hotel (31.15%), retail (16.04%), logistics (3.88%), and residential (0.25%).
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The market price-based dividend yield of 21 listed REITs that can be traded on the Korea Exchange was 6.52%, an increase of 1.73 percentage points compared to the previous year.
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