High-Yield Stocks to Immediately Purchase at Under $500 Each: A Trio of Unstoppable Investments
In the midst of the COVID-19 pandemic, three healthcare real estate investment trusts (REITs) - LTC Properties (LTC), Omega Healthcare Investors (OHI), and Universal Health Realty Trust (UHT) - have demonstrated resilience, primarily investing in senior housing and healthcare facilities.
Despite facing challenges such as tenant hardships and payment deferrals, these REITs have generally managed to maintain their dividends, supported by strong long-term lease contracts, government-backed programs, and conservative payout ratios.
Universal Health Realty Trust (UHT), for instance, has seen its dividend grow slowly during the pandemic, making it more appealing to some dividend investors. The current dividend yield of UHT stands at 7.1%, offering an attractive return for investors.
UHT's portfolio is focused on medical office properties, unlike LTC Properties and Omega Healthcare Investors, which have exposure to nursing homes and well-living. UHT is not directly exposed to nursing homes, and its dividend growth has historically averaged around 1.5% per year.
Meanwhile, LTC Properties and Omega Healthcare Investors have been proactive in managing their tenant relationships, exiting troubled relationships and bringing on new operators. As of the article's writing, both LTC and OHI have yields of 6.4% and 6.9%, respectively.
Remarkably, UHT has increased its dividend annually for 40 consecutive years, a testament to its financial stability. High-yield investors may find Omega and LTC worth a close look today.
However, not all senior housing REITs have fared as well. Some, such as Ventas (VTR) and Welltower (WELL), have cut their dividends during the pandemic.
As we look to the future, the demographic outlook is promising, with the ranks of the oldest cohort expected to rise materially in the years ahead. This trend, coupled with the resilience demonstrated by these REITs during the pandemic, makes healthcare real estate an attractive investment option for many.
For the most up-to-date dividend yields and detailed pandemic-era performance data, investors are advised to check the latest quarterly earnings reports of LTC, OHI, and UHT, financial news and analysis platforms specializing in REITs, and dividend tracking services reflecting stock market updates.
Investors should remember that while these REITs have demonstrated resilience during the pandemic, the healthcare sector remains subject to various risks and uncertainties. It is always advisable to do thorough research and consider seeking professional advice before making investment decisions.
- Investors looking for high yield dividends may find Omega Healthcare Investors (OHI) appealing, as it currently offers a yield of 6.9%.
- While the financial stability of Universal Health Realty Trust (UHT) has allowed it to increase its dividend annually for 40 consecutive years, some senior housing REITs, such as Ventas (VTR) and Welltower (WELL), have had to cut their dividends during the pandemic.
- In the realm of finance, investing in real-estate, particularly healthcare, has proven to be an attractive option for many, given the promising outlook of the aging population and the resilience shown by REITs during the COVID-19 pandemic, such as LTC Properties, Omega Healthcare Investors, and Universal Health Realty Trust.