One of the biggest trends continues to be our aging population and the need for more healthcare solutions. With that in mind, most investors bet on the latest medical device company or a hot biotech stock. But those aren’t the only ways to bet big on the long-term healthcare trend. And the latest addition to our Best High Dividend Stocks Model Portfolio is a prime example of such a firm.
Our pick operates in the world of healthcare. In this case, the lucrative world of healthcare real estate. The firm owns both triple-net lease medical buildings, senior living centers, and other offices as well as providing capital for other developers for these sorts of buildings. With continued demand for such real estate and long-term leases, our pick has been a cash flow machine.
The best part is our pick is structured as a real estate investment trust (REIT). As such, it operates as a pass-through entity, and much of its cash flow heads right back into investors’ pockets. This helps our pick to produce an eye-popping 8.7% yield.
And you can score that yield when the stock goes ex-dividend on February 1 (estimated date). This could be a great time to add or increase your position in the stock.
In order to make room for our healthcare pick, we had to remove a mortgage REIT from our list this week.
You can check out the Best High Dividend Stocks Model Portfolio to explore all the stocks.
