MichealKnight
Full time employment: Posting here.
- Joined
- May 2, 2019
- Messages
- 520
Div: 7.9%.
Trading pretty close to 52 week low - it's around $14.60 today.
Pre-Covid - traded around 22-24.
During the Covid Crash - Went down to $14.07.
So I look at it - it's basically trading at what it did at the height of Covid selling.
Don't see any gaps in the dividend and the div raises are modest - but consistent with the most recent increase being 12/21 -- I would think paying out more cash - isn't a bad sign?
So.... there's gotta be a catch - why will they pay my chubby BigMac eating backside a nice 7.9%? I can't speak to each and every one of their properties -- but overall - and this is a very qualitative statement - I dunno, hospitals, doctors offices complexes - - I don't remember those parking lots being empty point being, people are going to the doctor and hospital. If anything, again people, and household formation by the Z's and Millennials would keep the medical properties busy and not vacant?
Hoping some of the investors here would comment ....? Thanks
Trading pretty close to 52 week low - it's around $14.60 today.
Pre-Covid - traded around 22-24.
During the Covid Crash - Went down to $14.07.
So I look at it - it's basically trading at what it did at the height of Covid selling.
Don't see any gaps in the dividend and the div raises are modest - but consistent with the most recent increase being 12/21 -- I would think paying out more cash - isn't a bad sign?
So.... there's gotta be a catch - why will they pay my chubby BigMac eating backside a nice 7.9%? I can't speak to each and every one of their properties -- but overall - and this is a very qualitative statement - I dunno, hospitals, doctors offices complexes - - I don't remember those parking lots being empty point being, people are going to the doctor and hospital. If anything, again people, and household formation by the Z's and Millennials would keep the medical properties busy and not vacant?
Hoping some of the investors here would comment ....? Thanks