Dan did a nice job. This is one company that I don't spen a lot of time on. I do keep an eye on their lessors - but in general trust management to do what is correct to give me the best return for my money.
"I'm a retired investor so unfortunately don't have access to a fancy crystal ball. But I do have an old calculator that works well enough for some fairly simple math" love it - simply put - they can afford to continue to increase the divi by 1 cent each quarter all year - makes investors happy - keeps PPS up - gives them flexibility in future years to increase the divi even if they don't have a stellar quarter.
Excellent analysis-- very often as you know people express their stock predictions on simply a feeling. I am also retired- I have been investing in HREITS for about 8 years and I'm very pleased with their results.