GMRE - Global Medical REIT Offers A 9.3% Dividend Yield And 7.6% On The Preferreds

2024-03-09 11:40:00 ET

Summary

• Global Medical REIT owns 185 healthcare facilities leased to physicians and healthcare-related groups.
• The REIT's tenants appear to be well-managed, with a strong rent coverage ratio.
• Global Medical's FFO and AFFO performance remains satisfying, with a comfortable dividend coverage ratio for preferred shares.

Introduction

Global Medical REIT ( GMRE ) is an internally managed REIT focusing on healthcare facilities which are leased out to physicians and other healthcare-related groups....

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