Income investors interested in buying real estate investment trusts, otherwise known as REITs, should pay particular attention to the health care REITs.
Health care REITs, such as National Health Investors (NYSE:NHI), have a unique and compelling growth opportunity that sets them apart from other REITs-the aging U.S. population.
There are 76 million Baby Boomers in the U.S. As these individuals age, health care spending is likely to exceed GDP growth in the U.S. going forward.
NHI stands to capitalize from the trend, and investors will likely benefit from growing dividends. It recently increased its dividend. The stock currently offers a hefty 5% dividend yield.
Plus, it is a regular dividend grower. NHI is a Dividend Achiever, a group of 272 stocks with 10+ years of consecutive dividend increases.
You can see the full Dividend Achievers List here.
This article will discuss why NHI has a positive growth outlook for the future, and why investors should consider it a solid dividend growth REIT.