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
-
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 ...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
Add it all up, and things are starting to get tense. That leaves investors wondering where they can go for safety. After years of tech outpe...
-
Individual investors were jolted by the sudden reappearance of market volatility in October. Given a range of issues spanning natural gas av...
-
Are you on the hunt for a generous and reliable dividend stock? If so, the list of Dividend Aristocrats -- comprised of those few companies ...
-
If you’ve paid any attention to the financial news lately, you’d know that market sentiment has changed. This shouldn’t come as a surprise; ...
-
Dividend-paying stocks are like the ballast that keeps a ship from capsizing during stormy seas. They provide grounding for investors who, w...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Without a doubt, buying and holding stocks is the best way to generate wealth over long periods of time. And we're not talking about hol...
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