You guy/gals are really funny. ha ha
I'm leaving the rat race (working) this year at age 49
That 'teller job' paid really well :)
I bought my shares on Dec 17th 2013. My default setting for dividends is to take them in cash & I forgot to change to 'reinvest in security' for Cypress.
On Jan 16th I received $44.00 under 'return of capital'
This means it's an MLP right ?
I'm looking for income (from dividends) averaging at or around 5.00% from my basket of stocks.
I don't have a healthcare related REIT, so I researched the following 8
HCN - HTA- HCP - NHI - VTR - OHI - MPW - NCT
The Good: NHI Scored high on profit margins, return on equity, quarterly revenue growth, & most importantly for me, the dividend payout ratio.
According to yahoo, the ratio is only 71.00% *All the others are over 100%*
The Bad: NHI has the highest Price/Sales number of 14
This isn't a huge concern for me as I believe wall street almost always pays a 'premium' for the best companies in the sector.
I believe the stock is at or near a bottom, & will begin building a position in the coming weeks
I've been watching this stock for the past year. Almost all the articles I read say this is one of the best REIT'S in this sector.
On nov 14th I opened positions in both my ira & taxable account @ around $40.75
On dec 4th I added shares to both @ around $37.00
I believe we're at, or very close to a bottom here & will add shares if it stabilizes in this area for a month or two.