New Buys CLDT and SBRA

04 Oct 2018 21:15

Back to list of posts

Finally a little market volatility shook up some REIT share prices that let me reinvest my proceeds from selling Lexington Realty Trust (LXP) back in early September.


Today I reinvested those proceeds into Chatham Lodging Trust (CLDT) at $20.06/share and a 6.58% yield which will add $194 annually to my forward dividend income and to boot it is a monthly payer which is always nice.


And the buys did not stop there as I invested the remaining funds into Sabra Healtchcare (SBRA) at $21.91/share and a 8.22% dividend yield which will add $360 annually to my forward dividend income. SBRA properties are primarily in skilled nursing facilities which in of itself carries risk and it also overlaps with my Omega Healthcare (OHI) position. With the risk and OHI overlap this will be my only position and do not foresee any additional purchases in SBRA.

Comments: 0

Add a New Comment
or Sign in as Wikidot user
(will not be published)
- +

Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License