The baby boomers are retiring and there are lots of them… and they need housing. That’s where Welltower comes into play.
Welltower Inc. (NYSE:WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience. Welltower™, a real estate investment trust (“REIT”), owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities and outpatient medical properties.
WELL continues to be one of those rare stocks that not only pays a good dividend (3.90%), but also has a strong stock chart.. look at that thing below! This year alone, WELL has gained over 30% in value and has only offered a few pullbacks for investors to add more. If Well gets back down to SMA50 (blue line), then I might add some to my dividend paying account.
RoboToaster for Aging Media Network[/iconbox]