Safest REITs by dividend coverage

REITs can't be judged on earnings — depreciation makes a healthy REIT look like it pays out far more than it earns. The honest gauge is the FFO payout: dividends as a share of Funds From Operations. These REITs have the most cash-flow room behind their dividends, safest first.

This list features REITs ranked by the safety of their dividends. The ranking is based on their FFO payout, a key measure of dividend coverage for real estate companies. A lower FFO payout generally indicates a more secure dividend.

AI-generated overview · information, not financial advice.

Updated October 1, 2026

Track these in your portfolio, set price alerts at your own targets, and get AI dividend-safety analysis — free.

Try a sample portfolio Sign up free

PLD Prologis, Inc. Watch

Yield 2.80% FFO payout 63.23% Streak 12y

EPR EPR Properties At risk

Yield 2.37% FFO payout 65.46% Streak 2y

MAA Mid-America Apartment Communiti Watch

Yield 3.40% FFO payout 66.27% Streak 15y

CTRE CareTrust REIT, Inc. Safe

Yield 4.91% FFO payout 67.91% Streak 10y

AMT American Tower Corporation (REI Watch

Yield 2.85% FFO payout 68.11% Streak 13y

IRM Iron Mountain Incorporated (Del Watch

Yield 4.24% FFO payout 78.13% Streak 3y

OHI Omega Healthcare Investors, Inc Watch

Yield 8.00% FFO payout 85.25% Streak 0y

O Realty Income Safe

Yield 5.03% FFO payout 85.78% Streak 28y

REXR Rexford Industrial Realty, Inc. Watch

Yield 2.88% FFO payout 94.21% Streak 11y

WPC W. P. Carey Inc. REIT At risk

Yield 5.77% FFO payout 99.54% Streak 1y

IIPR Innovative Industrial Propertie At risk

Yield 7.53% FFO payout 112.27% Streak 0y

LTC LTC Properties, Inc. At risk

Yield 6.39% FFO payout 137.64% Streak 0y

#	Stock	Yield	FFO payout	Streak	Safety
1	PL PLD Prologis, Inc.	2.80%	63.23%	12y	Watch
2	EP EPR EPR Properties	2.37%	65.46%	2y	At risk
3	MA MAA Mid-America Apartment Communiti	3.40%	66.27%	15y	Watch
4	CT CTRE CareTrust REIT, Inc.	4.91%	67.91%	10y	Safe
5	AM AMT American Tower Corporation (REI	2.85%	68.11%	13y	Watch
6	IR IRM Iron Mountain Incorporated (Del	4.24%	78.13%	3y	Watch
7	OH OHI Omega Healthcare Investors, Inc	8.00%	85.25%	0y	Watch
8	O O Realty Income	5.03%	85.78%	28y	Safe
9	RE REXR Rexford Industrial Realty, Inc.	2.88%	94.21%	11y	Watch
10	WP WPC W. P. Carey Inc. REIT	5.77%	99.54%	1y	At risk
11	II IIPR Innovative Industrial Propertie	7.53%	112.27%	0y	At risk
12	LT LTC LTC Properties, Inc.	6.39%	137.64%	0y	At risk

Quantic · Free

Build your own dividend portfolio

Track any of these stocks, plan purchases, and project your path to freedom.

€0

Try a sample portfolio Sign up free

Need more? Pro adds portfolios, options income tracking & more AI. See Pro →

More dividend lists

Dividend Aristocrats Dividend Kings Dividend Growth Stocks Monthly Dividend Stocks Highest-Yield Dividend Stocks Large-Cap Safe Dividend Stocks Low-Debt Dividend Stocks Utility Dividend Stocks Healthcare Dividend Stocks Consumer Staples Dividend Stocks Energy Dividend Stocks European Dividend Stocks Dividend Stocks for Covered Calls Dividend ETFs by Yield Monthly Dividend ETFs Dividend Stocks by Price Momentum Undervalued Dividend Stocks All lists

New to dividend investing?

Is the dividend safe? Valuing a dividend stock

Is Quantic for you?

Quantic for dividend investors