The Longest Dividend-Paying REITs In The U.S.

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See the advantage high dividend stocks offer investors.Combining quality with high yield produces interesting results.12 high quality stocks with 5%+ yields are examined in this article.

Thanks to the selloff from this past August, many investors have been able to harvest a great deal of opportunities in the healthcare sector in terms of dividends. Stocks within the healthcare sector itself have seen a decrease of approximately 17 percent this year thus far. This is something that ended up positioning this particular sector’s dividend yield to 6.3 percent, which is higher than the equity REIT median of 4.7 percent. Dividend yields are currently fluctuating between 5.1 and 10.2 percent.

Ever since December of 1987, Universal Health Realty Income Trust UHT has distributed steady, increasing dividends. The company will hit another annual milestone in just three months for having paid dividends without ever having to decrease them. This company is also known as one of the smallest publicly-traded REIT healthcare stocks, possessing a market capitalization of around $600 million.

Universal Health Realty Income Trust was launched in 1986 in order to acquire some of the properties of Universal Health Services (UHS), which is the company’s adviser and largest operator, as it’s responsible for approximately 25 percent of total revenue. The company currently owns 62 different investments in 18 states, which include the following:

*Acute care hospitals

*Medical office buildings

*Rehabilitation hospitals

*Behavioral healthcare facilities

*Sub-acute care facilities

*Child care centers

Executives have held positions in both Universal Health Realty Income Trust and Universal Health Services, with Alan B. Miller holding the offices of Chairman and CEO ever since the companies were launched.

The company’s dividend paying streak is expected to continue since their second quarter figures remain strong. Revenue saw an increase of 12 percent, with both AFFO and FFO per share also growing at about 4 percent. In addition, dividends increased by 2 percent, with dividend payout coming in at around 89 percent. Finally, debt to total capitalization has been recorded at approximately 26 percent, which is conservative.

Disclaimer: This newsletter is not engaged in rendering tax, accounting, or other professional advice through this publication. No statement in this issue is to be construed as a recommendation to buy or sell any security or other investment. Please do your own due diligence before making any investment decision. Some information presented in this publication has been obtained from third-party sources considered to be reliable. Sources are not required to make representations as to the accuracy of the information, however, and consequently the publisher cannot guarantee accuracy.

Disclosure: The author has no positions in any shares mentioned, and no plans to initiate any positions within the next 72 hours.

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