Buy This Stock Before It Becomes a Dividend Aristocrat
The big-picture reason why investors like the healthcare real estate investment trust niche is the baby boom generation. Essentially, demand will rise as more and more baby boomers crest into their retirement years. But healthcare isn't the only real estate sector that's going to be affected by this demographic trend. Here's why Equity Lifestyle Properties (NYSE: ELS) is set to benefit, too, while paying investors a growing dividend along the way.
Equity Lifestyle Properties owns a collection of mobile home parks, recreational vehicle resorts, and marinas. They are generally located in coastal markets, on or near a body of water, and in vacation and retirement areas. In other words, they are right where retired people are likely to be heading once they quit the daily grind. That segment of the population is set to grow materially over the next decade or two as the baby boomers continue to transition to a new stage of life.
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Source Fool.com
