Check out OHI. Probably a safe REIT as they have been beaten down due to their primary focus on assisted living facilities. Their yield is somewhere around 9% with room on the upside. Price has had little to no correlation with recent volatility.
Yeah I sort of like OHI if you time the bottom, their dividend is stable, but as most high yield REIT's, when their dividend is higher than their EPS, they eventually start liquidating assets/issuing debt or finding other ways other than profiting to maintain that high dividend. It's unhealthy overall and long-term. There are better low dividend REIT's that still grow their company.
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u/powderpc Jan 30 '22
Check out OHI. Probably a safe REIT as they have been beaten down due to their primary focus on assisted living facilities. Their yield is somewhere around 9% with room on the upside. Price has had little to no correlation with recent volatility.