In This Article:
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Health care real estate investment trusts (REITs) are companies that own, operate, or finance properties in the health care sector such as hospitals, nursing facilities and senior housing.
Health care REITs offer a unique blend of stability and growth potential, making them attractive to income investors. Like all REITs, health care REITs must distribute a large percentage of their taxable income to shareholders through dividends, often resulting in high yields.
With health care needs rising, health care REITs present a promising opportunity for those seeking consistent portfolio returns. Let's take a look at two that you could buy today.
Don’t Miss:
-
What is private credit exactly? Find out more about the alternative asset with double-digit potential returns – that's outperformed equities and high yield bonds in the last 3 market downturns.
-
Finance companies are leaving New York for this hot city. Investing in its booming real estate market has never been more accessible.
Omega Healthcare Investors, Inc.
As of June 30, Omega Healthcare Investors (NYSE:OHI) owns and manages a portfolio of 900 properties, primarily skilled nursing and assisted living facilities, located across 42 U.S. states and the U.K. and containing approximately 86,383 beds.
Omega currently pays a quarterly dividend of $0.67 per share, equating to an annualized dividend of $2.68 per share, which gives its stock a yield of about 7.2% at the time of this writing.
Omega is a reliable dividend payer. It has maintained its current quarterly rate of $0.67 per share since October 2019, and its stable cash flow should allow it to continue to do so for the foreseeable future.
Check It Out: A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today.
This is a paid advertisement. Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Flagship Fund before investing. This and other information can be found in the Fund's prospectus. Read them carefully before investing.
Universal Health Realty Income Trust
Universal Health Realty Income Trust (NYSE:UHT) owns and manages 76 properties across 21 states, including acute care hospitals, behavioral health care facilities, rehabilitation hospitals, subacute care facilities, surgery centers, child care centers and medical office buildings.
UHT currently pays a quarterly dividend of $0.73 per share, equating to an annualized dividend of $2.92 per share. At the time of this writing, this gives its stock a yield of about 6.9%.