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
Dividend Growth Stocks News
- 3 High-Quality Dividend Stocks Yielding 3.6% - Yahoo Finance - 8/27/2025
- 3 Top-Ranked Dividend Stocks: A Smarter Way to Boost Your Retirement Income - Yahoo Finance - 8/27/2025
- 3 Undervalued Dividend Stocks to Buy as U.S. Federal Reserve Cuts Interest Rates - The Motley Fool - 8/25/2025
- 2 Dividend Stocks Worth Adding More of Right Now - The Globe and Mail - 8/27/2025
- 3 Top-Ranked Dividend Stocks: A Smarter Way to Boost Your Retirement Income - au.finance.yahoo.com - 8/27/2025
- Apple Inc. (AAPL) Dividend Stock Analysis - 8/22/2025
- Archer Daniels Midland Company (ADM) Dividend Stock Analysis - 8/15/2025
- Nucor Corporation (NUE) Dividend Stock Analysis - 8/8/2025
- Raytheon Technologies Corporation (RTX) Dividend Stock Analysis - 7/31/2025
- Duke Energy (DUK) Dividend Stock Analysis - 7/25/2025
This 7.7%-Yielding Healthcare REIT May Be A Speculative Buy
Posted by D4L | Saturday, June 22, 2019 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.