Senior Housing Properties Trust (SNH) has been somewhat of a drag on the portfolio, down 2.64% since introduced on 12/30/2010. Fourth quarter 2011 earnings came in at $0.24 per share — right where analysts had expected — and up 20% from the prior quarter.
Share prices, though, have not done as well as its peers in the health care sector. Plus it’s trailing the S&P 500 so far this year.
But it pays a nice 7% yield (vs. 5.3% for the sector), which is something I’m always looking for when evaluating REITs. The next earnings announcement is expected the week of May 1. Analysts are looking for $0.24.
So I’ll stick with SNH for now.
Here is the e-FinancialWriter REIT portfolio for the week ending March 9, 2012.
Closing price 03/09/12
Return to date %
Dividend yield %
return of REITs in portfolio*
Avg dividend yield of REITs in portfolio
12-mo return S&P 500
*Does not include dividends paid
If you have trouble seeing the chart, just in zoom in with your web browser.
To read the posting where I introduced a specific REIT, click the “Blog date” link. And if you’d like to see prior week’s reports, type “reit index” in the search box.
Enjoy the rest of your weekend!