I am adding to my existing long position in this REIT at a fast clip these days. It has dropped to a new 52-week low @$26.06 last week. Long-term demand drivers are unaffected by short-term tenant problems, dividend coverage stats are very healthy. Investors are fearful, but the dividend does not seem to be at risk. An investment in the stock comes with a near 10 percent dividend yield which I consider to be sustainable.
I am currently buying Omega Healthcare Investors, Inc. (NYSE:OHI) pretty aggressively as I see shares as quite undervalued and oversold. SNF-focused health care REITs are not exactly on the top of investors' shopping lists after Omega Healthcare Investors' revealed some (solvable) tenant problems last year, but I think this is a huge opportunity for income investors to gobble up a leading health care REIT at a very favorable valuation. Omega Healthcare Investors will continue to raise its dividend payout slowly and diligently. An investment in OHI comes with an entry yield of 9.95 percent.
Source: Seeking Alpha
Related Articles:
- The Next Great Company
- 5 Stocks With a Sustainable Dividend
- Dividend Investing + Value Investing = Superior Returns
- The Dark Side of Dividends
- 7 Higher Yielders With A Low Free Cash Flow Payout
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Late last year, Wall Street had a bit of a panic attack when Fed chairman Jerome Powell suggested this tightening was on autopilot. While th...
-
If you’ve been following this column, you’d know that monthly dividend stocks tend to come from two main types of businesses: real estate an...
-
Are you sick and tired of low interest rates? Certificates of deposit pay next to nothing. Bonds yield only three or four percent a year. Su...
-
These three picks are all up more than 10% so far in 2019. The three themes are LNG, specialized healthcare, and small banks. The yields ran...
-
This company makes a compelling value proposition based on valuation, risk/reward, yield, and upside potential. I added this hotel REIT las...
-
This company makes a compelling value proposition on the dip for DGI investors. The REIT has strong portfolio stats and a conservative AFFO-...
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
Stocks with high dividend yields can be great, but if a stock has a high dividend yield and also has lots of long-term growth potential and ...
-
If a company pays, say, 14%, you would only need to put up $71,429 to earn $10,000 in annual dividends. Of course, we know that double-digit...
-
There are a lot of reasons to consider adding high-dividend stocks to your portfolio. They offer a steady income that can help ease the pain...
Yep I wish I would have waited for the price to drop before I invested in them. I think they will solve their issues and keep that dividend raising.
Later,
DFG