Some REITs that have historically paid high dividends include Realty Income, ARMOUR Residential REIT Inc. and Omega Healthcare Investors Inc., according to the Forbes, Dividend and MarketWatch websites. REIT stands for Real Estate Investment Trust and is a sub-sector of the S&P Composite 1500 that deals solely with real estate investments.
REITs are corporations that invest in real estate and pay out their earnings through dividends, states the Dividend website. Real estate investments can be in the form of equity or mortgage, and corporations may pay dividends on monthly or quarterly bases. The fluctuation of federal interest rates is just one factor that affects dividends and should be taken into consideration when choosing an investment.