Health care REITs are not popular with investors right now. A dramatic increase in market volatility, fear over rising interest rates, and operator concerns have weighed on the sector lately. I expect this REIT to maintain its dividend payout over the short haul, but income investors need to closely watch the REIT's dividend coverage trend. Shares are selling for a low run-rate AFFO multiple as the market has turned bearish on health care REITs. An investment in the stock yields 9.8 percent.
Valuations of major health care REITs including Senior Housing Properties Trust (SNH) have taken a major hit. Should investors take the plunge and go long now? Senior Housing Properties is a health care real estate investment trust that has grown its portfolio value to $8.7 billion. The REIT invests in independent, assisted living and skilled-nursing facilities, medical office and life science buildings. Senior Housing Properties' real estate facilities are located in 42 states and Washington, D.C., and the REIT had 675 tenants in its lease portfolio at the end of December quarter.
Source: Seeking Alpha
Related Articles:
- 6 Stocks Currently Trading Below their Fair Value
- The Wit and Wisdom of Warren Buffett
- The Perfect Dividend Stock
- Charlie Munger's 10 Rules for Investment Success
- Early Warning Signs of 5 Dividend Cut
_____________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
You know what's good to see in one of your holdings? Management actually doing what they said they were going to do. The yield is 9.97%,...
-
It's impossible to follow the specific investing strategies of the world's best investors. After all, we don't always know why t...
-
Many investors focus their portfolios on either growth stocks (if they're a long way from retirement) or income stocks (if they're n...
-
Regulators typically set customer rates for utilities to ensure investors recover a fair return on capital and allows the businesses keep th...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
Market volatility is scarily high. Interest rates on sidelined cash are scarily low. Investors looking to de-risk or take some profits off o...
-
When dividend-paying companies are undervalued, investors stand to gain a constant stream of dividend income on top of capital gains, as ove...
-
Holding a stake in great businesses that regularly pay dividends and then reinvesting those payouts is one of the most dependable paths to l...
-
Most monthly payers are REITs of some kind – and a good chunk are mortgage REITs, which are facing rising interest rates. Some ETFs also off...
0 comments
Post a Comment
Post a Comment