High-Quality Healthcare REIT Yields 6.1% With Good Dividend Coverage And Sensible Valuation

This is one of the largest healthcare REITs in the country, ideally positioned to capture growth tied to an aging U.S. population. It has a strong, diversified real estate portfolio. The dividend has a high margin of safety. Shares sell for a sensible AFFO multiple. An investment in the stock yields 6.12 percent.

HCP, Inc. (HCP) is a top-notch healthcare REIT that will benefit immensely from an aging U.S. population and rising healthcare costs going forward. The healthcare REIT has a strong, diversified real estate portfolio from which it generates stable cash flow. Shares sell for a sensible AFFO multiple, and HCP has a high margin of dividend safety thanks to its conservative AFFO payout ratio. An investment in HCP yields 6.1 percent.

Source: Seeking Alpha

Related Articles:
- 7 Stocks With A Vision Of Higher Dividends
- 6 Higher-Yielding Consumer Stocks With A History of Rising Dividends
- Are Defense Stocks Good Defensive Stocks?
- 10 Stocks That Have Paid Uninterrupted Dividends Since 1895
- Who is David Dodd and Why Should We Listen to Him