As a long-term reader of my blog, you may have been noticed that REITs and MLPs are some of the highest paying dividend stocks.
When comparing REIT yields to investments with qualified dividends, you must always look at them on an after-tax basis. REITs trade on major stock exchanges and have become immensely popular since their introduction.
REITs pay high dividends due to the fact that they need to pay high amounts of their assets and gross income in order to keep their REIT status and therefore the tax optimized corporate structure.
Below are 6 top REIT picks from the dividend growth space that have a dividend yield of 5 percent or more.
These are the results...
Omega Healthcare Partners -- Yield: 5.98%
#1 Omega Healthcare Partners (NYSE:OHI) employs 27 people, generates revenue of $504.79 million and has a net income of $221.35 million. The current market capitalization stands at $6.60 billion.
Omega Healthcare Partners's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $476.18 million. The EBITDA margin is 94.33% (the operating margin is 68.41% and the net profit margin 43.85%).
Financials: The total debt represents 60.65% of Omega Healthcare Partners assets and the total debt in relation to the equity amounts to 169.73%. Due to the financial situation, a return on equity of 16.39% was realized by Omega Healthcare Partners.
Twelve trailing months earnings per share reached a value of $1.61. Last fiscal year, Omega Healthcare Partners paid $2.02 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 21.99, the P/S ratio is 13.07 and the P/B ratio is finally 3.29. The dividend yield amounts to 5.98%. - Read more here: REIT Investing: 6 Top Picks From The Dividend Growth Space...