Author Topic: Become a Lazy Landlord with REITs  (Read 362 times)

Dibbels81

  • 5 O'Clock Shadow
  • *
  • Posts: 70
  • Location: Highland Park, IL
Become a Lazy Landlord with REITs
« on: January 19, 2019, 06:02:28 AM »
The REIT that MMM highlighted, Senior Housing Properties (SNH) is currently at $13 a share, down from a 52 week high of $19.1 and up from a low of $11.13, with the dividend payout close to 12%. I was curious if they were going to announce a dividend cut, though as of yesterday that appears not to be the case. I haven't read anything too nefarious in the news about this company, aside from them carrying a lot of debt. Is anybody else seeing this as a great buying opportunity? Obviously this is not a stock for the risk averse.

FreelanceToFreedom

  • 5 O'Clock Shadow
  • *
  • Posts: 70
Re: Become a Lazy Landlord with REITs
« Reply #1 on: January 20, 2019, 07:02:01 PM »
I'm a total REIT noob but to my layman's eyes it looks attractive. Perhaps wall st is worried about excessive debt load in a rising rate environment? Would be interested to hear from someone more knowledgable. I've just been holding a REIT ETF (USRT)