As part of my strategy REITs & MLPs, purchase of Senior Housing Properties Trust (NYSE:SNH).
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As part of my strategy REITs & MLPs, purchase of Senior Housing Properties Trust (NYSE:SNH).
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Interesting purchase: the yield is high and continues to grow nicely. Elder care is a business with a future…
Another high dividend track is KMR (NYSE) which pays a dividend of 7.2% (in the form of shares and not in cash, which avoids taxation). It is the equivalent of KMP (Master Limited Partnership).
Oh yeah, heard of that one too. They're continually paying out shares? A bit frustrating if you're looking for income, right?
Hello Jean Louis,
Can you tell us a little more about KMR?
THANKS
Good evening Pat Jac and Jérôme
,
Kinder Morgan is a North American company active in the energy sector (transport and storage). It pays a substantial dividend currently exceeding 7%. A dividend has been paid since 1992, with increases generally several times a year. There are several ways to invest in this company. One of them, NYSE: KMP pays a dividend in USD, while another, KMR pays shares instead of cash. I preferred KMR because this allows me to reinvest the dividend directly, without it being taxed (at source by the USA and then during my tax return). My intention is to keep this stock for the very long term to benefit from the compound effect of the yield. If you are aiming for income, then KMP is more suitable but the tax authorities will take part of it...
Thanks Jean @Louis,
Your answer is extremely interesting, it's exactly what I'm looking for!
If you know of any others like this, please let me know!
Thanks again.
At Novartis, there is a share plan that allows you to directly reinvest the dividend in the form of shares as well as to buy shares directly (without going through a bank): http://www.novartis.ch/fr/investors/shareholders-corner/disclaimer/dspp.shtml
Admiral Group plc, an insurer, offers a high dividend and I was asked to choose between receiving the cash dividend or receiving the equivalent in shares.
US companies often offer dividend reinvestment plans, but I don't know if this is possible for shareholders domiciled outside the US.
Since my wife inherited 5500 Novartis from her father, what you tell me interests me the most. We have already made the mistake of repatriating them to UBS when Novartis offered to keep them in deposit with them.
I don't know about Admiral Group PLC, but I'll look into it.
Thank you again very much.
I just looked at the link for Novartis: the dividend conversion plan into shares is reserved for individuals domiciled in Switzerland, which is not my case.
No luck, then, the Novartis dividend will therefore be used to cover (in a very small part) France's debt.
Small question regarding the choice of SNH: the payout ratio is close to 252% and debt/equity is 91% (source: https://finance.yahoo.com/q/ks?s=SNH). Doesn't this go against the dividend growth strategy with such high payouts and debt-financed dividends? Am I missing something?
THANKS
Xavier
Good morning
No, because the payout ratio does not apply to REITs; it does not work the same way as for a traditional company share.
Good evening, this is the one I was talking about. I see 2014. So good, very good. In 2015, if I understood correctly, you received RMR group shares? …In addition to the cash dividend of 0.39$/quarter. I just took some more; My other REITS: ARR and MAIN. Very good site!!!! Bravo!!!
yes indeed received some RMR 🙂
bad times for REITs :-(
Thanks for the compliments!! 🙂
You're welcome! Especially since when I started with dividends (on French companies) in 2011/12. And very little literature on the subject (long live trading!!!) .. Since last August, I've started investing in US stocks. T/MAIN/ARR then, on the advice of your site and analysis, Senior Housing.
A very important strategy, in a world where individual responsibility seems to me to be increasingly becoming the rule.