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@PoyToodle 2 years ago

Welltower Inc in spotlight

Welltower Inc in spotlight

s a healthcare REIT that invests in health care facilities, including senior housing, specialty care facilities and medical office buildings. It is already up 27% year to date (by August 15)

As senior housing market continues to recover, and Welltower managed to report $2.3 billion in asset acquisition or development deals in Q2. Welltower's relationships with senior housing operators provides strategic advantages over other senior housing REITs and gives the company financial flexibility. 

On July 31, 2023 the company declared a quarterly dividend (regular) of $0.61 per share ($2.44 annualized). Shareholders of record as of August 15, 2023 will receive the payment on August 23, 2023. Previously, the company paid $0.61 per share.

At the current share price of $84.28 / share, the stock's dividend yield is 2.90%.

Nasdaq article suggests Outperform (RBC capital)

https://www.nasdaq.com/articles/rbc-capital-maintains-welltower-well-outperform-recommendation-0


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