This company revealed problems with one of its largest tenants in April. The REIT reported declining revenues and AFFO/share in the first quarter. On the back of operator problems and deteriorating dividend coverage, the company slashed its dividend by 61 percent. Shares are lowly valued after the sell-off. An investment in the stock yields 7.7 percent.
Senior Housing Properties Trust (SNH) is not in an envious position: The healthcare real estate investment trust announced a major restructuring with respect to one of its largest operators in April which caused the stock to slump. Rental revenues and AFFO/share also dropped in the last quarter, causing the REIT to underearn its dividend. As a result, Senior Housing Properties Trust slashed its dividend by 61 percent, which exacerbated the sell-off. An investment in SNH at today's price point yields 7.7 percent.
Source: Seeking Alpha
Related Articles:
- 3 Higher Yielding, Lower Risk Stocks To Perk Up Your Dividend Income
- 8 Dividend Growth Stocks With Very Little Debt
- 4 Secrets To Finding The Best Dividend Stocks
- What Determines A Dividend Stock's Yield
- 5 Dividend Stocks Yielding Over 3%, With Tiny Payout Ratios
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
These days, the healthcare stocks are looking pretty healthy compared to stocks in other spaces. Despite political pressures about lowering ...
-
These three dividend aristocrats have beaten the market during the three most recent pullbacks. They've also outperformed in 2019. There...
-
Nothing makes life easier for an investor than finding the kind of stocks where you can park money for a long, long time, trusting that they...
-
As the sun sinks on another summer and Labor Day taunts with the pitiful proposition of just 24 hours less work, it stands to reason that so...
-
In Five High-Dividend Stocks You Should Watch, we discussed five dividend stocks, including MLPs, trading at yields above 11%. In this artic...
-
The past decade has rewarded investors with remarkable returns, but investors might not want to underestimate the odds that an economic rece...
-
This company recently released solid second quarter earnings. The mortgage REIT once again outearned its dividend with core earnings in Q2-2...
-
This company released Q2-2019 results recently. The results beat both revenue and earnings estimates. It reported decreasing earnings on the...
-
As a risk-averse income investor, I always approach double-digit yielders with caution. The reason is simple: when most blue-chip companies ...
-
Conservative investors should adopt the same precautions toward monthly dividend stocks as you would any income-generating investment. For i...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.