HCN pays it's shareholders a healthy $0.71 per share, that is a sweet 5.68% dividend yield, as of today's share price of 50.63. They have paid a dividend since April 29th, 1992. Hypothetically, if you invested $500.00 into HCN today, that's 9.92 shares, and then reinvested your dividends for the next 30 years, with no dividend growth or stock price growth, your HCN holdings would be worth a total of $2,620.48 at 52.04 shares. Additionally, if you decided to stop reinvesting your dividends at year 30, you would receive $37.46 per dividend payment. That is a pretty nice addition to supplement your social security check!
In closing, the aging baby boomer population needs health care and a place to live, this concept will support HCN's future growth. This is HCN's strength! Click here to visit HCN's homepage, as well as here to visit their Investor Relations web page. Check out how many properties HCN owns(See picture below). Ask yourself one question: Will there ever come a time when all of HCN's properties will shut down? This is the key reason why I believe that HCN is an reliable stock to own in one's Roth IRA stock portfolio. This company has a stable cash flow and a superstar balance sheet that should protect against economic downturns. Please watch the video below to learn more about CEO George L. Chapman's take on the health care REIT sector.