As the saying goes, there are “riches in niches.” Never is that proverb truer than in the real estate sector. Focusing on certain property types or regions can give an owner plenty of expertise and scale. Our latest Best High-Yield Dividend Stocks Model Portfolio pick has been using its single property-type focus since the 1990s to deliver a high yield and years of steady dividends!
Our pick operates in the healthcare sector, specifically in the assisted living and skilled nursing sectors. These two areas of the market continue to see rampant growth as longer life spans require increased elder care facilities.
The key for our firm remains its ownership of the properties rather than just operating the facilities. This pushes much of the risk away from our pick as it can sit back and simply collect a rent check. And with its focus on triple-net leases, our pick’s margins are even fatter – pushing plenty of cash flow into its investors’ pockets.
With long-term trends rising, COVID-19-related issues going down and a healthy balance sheet, our pick is primed to deliver a high 8%+ to investors.
In order to make room for our new healthcare REIT, we’ve been forced to remove a gaming & leisure-focused REIT.
You can check out the Best High Dividend Stocks Model Portfolio to explore all the stocks.