The U.S. Census Bureau defines baby boomers as the generation born between 1946 and 1964. Baby boomers are the largest segment of the U.S. population, and account for about 39% of adult Americans. Every day, almost 8,000 Americans turn 60, and the parents of these boomers are also living longer.
Health care expenses represent 15.3% of the GDP of the United States, and health care costs for boomers and their parents will increase substantially over the next decade. Investors may be scarred off of real estate in general, but some are taking a closer look at high yielding, health care real estate investment trusts [REITs] for both income and growth. These REITs generate dividend yields that are quite high.
The following is a list of ten Health Care REITs with a yield of over 5.5%.
Healthcare Realty (NYSE:HR) 8.4%
Cogdell Spencer (NYSE:CSA) 7%
Universal Health Realty Income Trust (NYSE:UHT) 6.5%
LTC Properties (NYSE:LTC) 6.3%
Omega Healthcare Investors (NYSE:OHI) 6.3%%
Senior Housing Properties (NYSE:SNH) 6.3%
Health Care REIT (NYSE:HCN) 6.2%
National Health Investor (NYSE:NHI) 5.9%
Nationwide Health Properties (NYSE:NHP) 5.7%
National Health Realty (NHR) 5.6%
Disclosure: The author does not own any of the above.