03-11-2015, 11:18 PM
(This post was last modified: 03-11-2015, 11:21 PM by Dividend Watcher.)
It's one of the few Dividend Champion REITs. I also think it's the only REIT on the S&P Dividend Aristocrat list. Yields over 5.5%. Don't know what the trailing P/FFO is without going to look it up but at $40 it's not outrageously priced. It's in my wife's portfolio with a cost basis of $38 and, IIRC, the P/FFO at the time was in the low teens.
They had a stink a couple years ago about the old CEO leaving/being forced out. Don't know the internal politics but the new CEO, who had a lot of experience with REITs before taking over, seems to be keeping an even keel.
I like their diversification across 5 difference aspects of the healthcare field: senior housing, post-acute/skilled nursing, life science, medical office and hospital. To me, this may hinder their performance at times but it may also help with the volatility in a down market.
Not buying more for her right now because she's at a full position but am reinvesting the dividend. All my notes are old. I was going to redo my research on it later this spring because I was thinking of adding it to my portfolio sometime this year also. Maybe it will go down once interest rates go up but it hadn't climbed as much as the rest of the REITs this year also.
They had a stink a couple years ago about the old CEO leaving/being forced out. Don't know the internal politics but the new CEO, who had a lot of experience with REITs before taking over, seems to be keeping an even keel.
I like their diversification across 5 difference aspects of the healthcare field: senior housing, post-acute/skilled nursing, life science, medical office and hospital. To me, this may hinder their performance at times but it may also help with the volatility in a down market.
Not buying more for her right now because she's at a full position but am reinvesting the dividend. All my notes are old. I was going to redo my research on it later this spring because I was thinking of adding it to my portfolio sometime this year also. Maybe it will go down once interest rates go up but it hadn't climbed as much as the rest of the REITs this year also.