When investors think about investing in the health care sector, they immediately think of drug development, medical devices or insurance. However, there is a third and perhaps more stable pillar of investing in the sector: real estate. And our latest Best Monthly Dividend Stocks List pick has seen its position size increased because of its prowess in this field!
You can check out the Best Monthly Dividend Stocks List to explore all the stocks.
Our pick focuses on the senior-living sector of the health care market. However, rather than operate facilities, our pick simply owns and rents the buildings, providing a stable source of cash flow. And since its focusing on senior care, it provides an interesting play on longevity and need for eldercare.
The best part? Our pick isn’t just a one-trick pony. In addition to owning buildings in the senior-living sector, our pick operates as a hybrid REIT owning mortgages, MBS, and providing construction loans as well. This allows our pick to find growth opportunities in any market.
All in all, our pick remains a top choice for a high monthly dividend and stealth health care play.
Additionally, we have added a leisure REIT to the monthly list and decreased positions in three other BDCs this week.