8 Of The Highest Yielding Equity REITs One of the attractions of real estate investment trusts (REITs) is that some pay exceptionally high dividends. How long this can continue – with the Fed about to raise interest rates – is another question, but, for now, it’s easy to find REITs paying 6% dividends. Here are eight with enough average daily volume to qualify as liquid enough for large institutions to enter: Simon Property Group Inc. (NYSE: SPG ) pays a 7.03% dividend. The Indianapolis-based firm is a retail-oriented operation with properties in North America, Europe and Asia. Simon Property Group is a member of Standard Poor’s 100. In June 2022, Jeffries’ analysts moved the REIT from “buy” to “hold” with a price target of $100. Medical Properties Trust Inc. (NYSE: MPW ) pays an 8.47% dividend. The healthcare facilities REIT just hit a new 2022 low – one of the reasons the yield looks so high. Headquartered in Birmingham, Alabama, Medical Properties Trust has been in the healthcare facilities business since 2003 and IPO’ed on the NYSE in 2005.