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
Should You Buy This 9.8%-Yielding Health Care REIT?
Posted by D4L | Wednesday, April 18, 2018 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
GameStop (NYSE:GME) lost about 40% of its market value over the past three years, as rising digital downloads and declining mall traffic thr...
-
In a capitalistic society, opportunities to generate (mostly) passive income are all around us. Dividend growth investing is one of the most...
-
These elite income producers have rallied this year. Their brilliance at producing passive income seems to have caught the market's eye ...
-
Investors buy dividend stocks for a few reasons. For one, they provide income via dividends that act as a bonus on top of capital appreciati...
-
While optimism in the broader market remains robust – particularly for hyped-up sectors like technology – investors may still want to consid...
-
If you are looking for reliable dividends, these three Dividend Kings should be right up your alley. Dividends are paid at the discretion of...
-
Buying dividend stocks can be tricky. Oftentimes, stocks that pay exorbitantly high dividends have underlying financial problems, and their ...
-
Since the market highs in July, stocks have been under considerable pressure. Indeed, 10-year Treasury yields are at the highest level since...
-
A strong dividend investing strategy may be to focus on high-quality names that score well on several dividend-related metrics. In other wor...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.