(REIT dividend yield by sector) By Jason Lail REIT dividend yields are an important metric to consider when determining investment allocations in the equity REIT space. REITs are required to pay out 90 percent of taxable income each year to maintain elected REIT status, so REITs are generally considered appealing for yield-seeking investors. Spreads between the 10-year Treasury and equity REIT yields ranged between 0.77 and 1.65 percent over the last year, with a spread as of Jan. 31, 2014, of 1.05 percent. The 10-year T-note yield has increased by 65 basis points over the last year, while equity REITs…