Key Highlights
- Realty Income put its annualized Dividend at $3.258 per share after its 116th consecutive quarterly increase.
- Healthpeak Properties declared a monthly dividend of $0.10167 per share, or $1.22 annualized, through December.
- UDR continues a $0.145 monthly dividend, with the Dec 31, 2026 payment marking its 220th consecutive dividend.
- SBA Communications declared a $1.25 dividend payable Dec 10, 2026 to holders of record on Nov 12, 2026.
- Sabra Health Care REIT declared a quarterly dividend of $0.30 per share, payable Nov 30, 2026.
Which Companies Declared Dividends With Their Third-Quarter Results?
Five real estate Investment trusts that reported on Nov 2, 2026 included dividend news in their results. Realty Income (NYSE:O) reported Revenue of $1,621.6 million, up about 10.3% (calculated), AFFO of $1.12 per share and an annualized dividend of $3.258 per share after its 116th consecutive quarterly increase. Healthpeak Properties (NYSE:DOC) reported revenue of $820.9 million and declared a monthly dividend of $0.10167 per share through December.
UDR (NYSE:UDR) reported Net Income of $214.9 million and continues a monthly dividend of $0.145 per share. SBA Communications (NASDAQ:SBAC) reported net income of $231.3 million and declared a $1.25 dividend payable Dec 10, 2026. Sabra Health Care REIT (NASDAQ:SBRA) reported revenue of $249.6 million and declared a quarterly dividend of $0.30 per share.
Frequencies differ, with monthly payers Healthpeak Properties and UDR alongside quarterly or single declared payments elsewhere. Realty Income's article gives only the annualized rate and the increase streak, not a payment date.
Realty Income: How Long Has the Dividend Streak Run?
Realty Income announced its 116th consecutive quarterly dividend increase in September 2026, putting the annualized dividend at $3.258 per share. AFFO rose 3.7% to $1.12 per share from $1.08, and total AFFO was $1,061.1 million.
Net income available to common stockholders climbed to $403.9 million from $315.8 million, although impairments, Credit loss provisions and sale gains can swing that figure. The company raised its 2026 AFFO per share guidance to $4.45 to $4.46 and invested $2.6 billion in the quarter at an initial weighted average cash Yield of 6.8%.
It also issued $1.0 billion of convertible senior notes in August and used $188.7 million to repurchase about 3.0 million shares. Occupancy held at 98.8%.
Healthpeak Properties: What Does the Monthly Payout Cover?
Healthpeak Properties declared a monthly dividend of $0.10167 per share, or $1.22 annualized, with payments on Nov 25 and Dec 30, 2026. Net income applicable to common shares was $17.1 million, or $0.02 per share, and FFO as Adjusted was $0.44 versus $0.46 a year earlier.
The company raised its 2026 FFO as Adjusted guidance to $1.76 to $1.78 per share from $1.73 to $1.77, while cutting Diluted Earnings per Share guidance to $0.39 to $0.41 from $0.48 to $0.52 on Depreciation tied to senior housing purchases.
Total revenue rose about 16.3% (calculated) to $820.9 million. Senior housing same-store NOI grew 25.9%, while lab same-store NOI slipped 0.7%.
UDR: How Far Does the Monthly Dividend Streak Extend?
UDR pays a monthly dividend of $0.145 per share, or $1.74 annualized, and the Dec 31, 2026 payment will be its 220th consecutive dividend. Net income was $214.9 million, or $0.67 per diluted share, lifted by a $190.1 million gain on the sale of real estate, while FFO as Adjusted held at $0.65.
Revenue edged down 0.9% to $428.1 million as property sales offset growth. The company closed a joint venture that returned $1.34 billion of Equity and repurchased about 5.2 million shares for roughly $185.1 million through October.
UDR now expects 2026 FFO as Adjusted of $2.54 to $2.56 per share. Its article notes the prior range was updated rather than raised, with the midpoint down $0.02.
SBA Communications: What Backs the $1.25 Dividend?
SBA Communications declared a $1.25 dividend payable Dec 10, 2026 to holders of record on Nov 12, 2026. AFFO per share was $3.19, down 3.3%, and net income attributable to the company was $231.3 million, or $2.19 per diluted share.
Revenue slipped to $713.9 million from $732.3 million as site development revenue fell. Domestic site leasing revenue fell 3.4%, while international revenue grew 13.3%.
The company repurchased 1.7 million shares for $300.0 million in the quarter and holds a $0.8 billion authorization. Net Leverage was 6.4x, and the 2026 AFFO per share outlook rose to $12.15 to $12.37.
Sabra Health Care REIT: How Does the $0.30 Quarterly Dividend Compare With AFFO?
Sabra Health Care REIT's board declared a quarterly dividend of $0.30 per share on Nov 2, 2026, payable Nov 30 to holders of record on Nov 13. AFFO was $0.45 per diluted share, up from $0.37, and net income attributable to common stockholders was $28.6 million.
Revenue rose about 31% (calculated) to $249.6 million, led by a 56% increase in resident fees at its senior housing operating portfolio. A one-time $10.2 million deferred rent payment boosted rental revenue.
The article rests on the quarterly filing alone, with no press release or guidance. Nine-month net income fell to $44.3 million because of a $104.6 million Loan loss provision. Liquidity was about $1.2 billion.
Dividend Declarations Compared: Payout Ratios and Revenue Growth Across Five REITs
Quarterly-equivalent dividends as a share of quarterly AFFO or FFO as Adjusted were about 72.7% for Realty Income, 69.3% for Healthpeak Properties, 66.9% for UDR and 66.7% for Sabra Health Care REIT (all calculated). Those four average about 68.9% (calculated). SBA Communications is excluded because its article does not say whether the $1.25 is a quarterly rate.
Revenue growth averaged 10.9% (calculated), from Sabra Health Care REIT's 31.3% to a 2.5% decline at SBA Communications. Realty Income's annualized $3.258 and UDR's $1.74 are annualized rates, while Sabra Health Care REIT's $1.20 annualized is calculated from its quarterly figure.
The bases differ in share counts and in whether AFFO or FFO as Adjusted is used, so the ratios are rough.
What to Watch Next: Dated Dividend and Balance Sheet Events
Healthpeak Properties pays on Nov 25 and Dec 30, 2026, and UDR's December payment is dated Dec 31, 2026. SBA Communications has a Nov 12 Record Date and Dec 10 payment, and a Nov 9, 2026 anticipated repayment of $1,165.0 million of tower securities. Sabra Health Care REIT has a Nov 13 record date, a Nov 30 payment and a revolver that matures on Jan 4, 2027.
Healthpeak Properties and UDR scheduled calls for Nov 3, 2026. No dated event was identified in Realty Income's materials, which point to its fourth-quarter report for the full-year investment total against a $10.0 billion target.
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