Longevity is a two-edged sword. It’s great that we can live longer lives. However, with our longer lifespans, demand for elder care is only rising exponentially, putting pressure on the entire healthcare system. But that increased demand equals profits for our latest Best Monthly Dividend Stocks List pick. Speaking of those profits, investors can share in our pick’s high yield by buying the stock before it goes ex-dividend on Thursday, February 16 with a monthly payout of $0.19 per share!
You can check out the Best Monthly Dividend Stocks List to explore all the stocks.
The win for our pick is that it focuses on the senior living sector of the healthcare market. But rather than operate facilities and deal with the added costs/headaches, our pick simply owns the buildings. By renting the facilities to operators, our pick acts as a landlord and collects a rent check.
But our pick also acts as a landlord in a different way. Rather than just own buildings, our pick also provides capital and invests in commercial mortgages for senior and assisted living facilities. This provides it with different opportunities across the capital stack. These opportunities provide diversification as well as boost its cash flow.
For investors, it boosts our pick’s yield as well. With a long history of paying a high monthly yield, our pick remains a top choice in the medical real estate sector and offers a stealth play on healthcare.
