2024-04-13 06:00:00 ET
Summary
- Omega Health Investors has seen tenant issues and a high payout ratio above 100% during its latest quarter, putting its dividend at risk.
- OHI reported strong earnings in Q4 2023 beating on both revenue & FFO, but its portfolio occupancy is still below pre-pandemic levels.
- The aging population and increased need for healthcare facilities could be potential catalysts for OHI in the future, but there are better dividend options in the healthcare sector.
- With the latest CPI report, this could also place more downward pressures on portfolio tenants, further increasing the risk of a dividend cut in the foreseeable future.
Introduction
The REIT sector is a great way to get stable, growing dividends if your main goal is income. Over the past few years I've ramped up my dividend-focused investing with a good bit of my portfolio invested in the sector ( XLRE ). Healthcare REITs in particular have done well over the past year while their retail peers have not over the same period....
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For further details see:
Omega Healthcare: Better Options In The Healthcare Space For Dividend Investors