10 Reasons to Buy Welltower
The pandemic led to a bifurcation in the health-care real estate investment trust (REIT) industry. Medical-office and research facility-centered landlords, for example, have done quite well, while those providing care to seniors have struggled. Welltower (NYSE: WELL) falls largely into the latter category and cut its dividend 30% in 2020. But here are 10 reasons why you might want to consider it just the same.
About two-thirds of Welltower's net operating income is derived from senior housing, ranging from senior-independent communities all the way to nursing homes properties. Clearly, this REIT has made a bet on caring for the elderly. And thanks to the aging of the baby boom generation, there's going to be a lot more demand for this landlord's properties. In 2020, 17% of the U.S. population was 65 or older. That is projected to rise to 22% by 2040, representing a 44% increase in the total number of people in the 65 and older category.
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Source Fool.com
