Sunday, October 9, 2016

Monthly Update: September 2016

A short monthly update of my portfolio.

IndicatorAs of 31-8As of 30-9% change
S&P 500 Total Return4,1204,121+0.0%
Dow Jones Industrials Total Return38,46138,302-0.4%
AEX GR1,4131,407-0.5%
USD.EUR0.8930.890-0.4%
Portfolio value€ 24,735 € 24,806 +0.3%

However, since I am in it for the long haul I am not too interested in these daily or monthly fluctuations. What matters is that I keep focused on buying high quality companies which provide me with a steady stream of growing dividends.

Tuesday, October 4, 2016

Recent buy: Omega Healthcare Investors

On September 15 I purchased 41 shares of Omega Healthcare Investors for $34.87 per share. I currently own 100 shares of OHI. This purchase will add roughly €90 to my annual dividend income. I believe OHI is reasonably priced, has great growth potential and has been a stellar dividend growth company in recent years.
Afbeeldingsresultaat voor omega healthcare investors

As a result of my purchase I am overweight OHI in my portfolio Fresh capital and selective dividend reinvestment will hopefully reduce the weight to a more normal level of around 5% to 7% for bigger positions.

Sunday, September 25, 2016

Monthly Update: August 2016

A short monthly update of my portfolio.

IndicatorAs of 31-7As of 31-8% change
S&P 500 Total Return4,1154,120+0.1%
Dow Jones Industrials Total Return38,36138,461+0.3%
AEX GR1,3871,413+1.9%
USD.EUR0.9020.893-1.0%
Portfolio value€ 24,458 € 24,735 +1.1%

However, since I am in it for the long haul I am not too interested in these daily or monthly fluctuations. What matters is that I keep focused on buying high quality companies which provide me with a steady stream of growing dividends.

Purchases
None.

Dividends received
Three separate companies paid me dividends during this month.
  • DE: 18 shares @ $0.60 for a total of $10.80
  • OHI: 59 shares @ $0.60 for a total of $35.40
  • KMI: 48 shares @ $0.125 for a total of $6.00
Total: around €40 after tax, which is lower than last year due to the dividend reduction of KMI and the fact that I closed my TGH position. I guess next year will be better! :-)

Dividend increases or decreases during this month
OHI raised the quarterly dividend by a penny. Since I own 59 shares that will provide me with an extra 2 euro's per year. Ka-ching!

Yearly forward dividend
My 12-month forward dividend rate is now €930, compared to €920 last month. Nothing changed except the EUR.USD rate.

Seeking Alpha articles
Last month I wrote three articles on Seeking Alpha:

Tuesday, September 20, 2016

Financial Review Of The Debt Structure Of The 4 Biggest Healthcare REITs

In the last few years there have been various occasions where speculation about possible interest rate hikes have impacted share prices in the short term, especially for REITs. Two years ago I wrote an article about the sensitivity of Omega Healthcare Investors and three other healthcare REITs to a possible interest rate hike. You can read the article here.

I concluded that OHI seemed less sensitive to interest rate changes because they only have to refinance a much smaller portion of their debt load before 2019. So this begs the question: at this moment, how do different healthcare REITs compare on the sensitivity to interest rate hikes? Which REIT is best equipped, from an operational perspective, to withstand rising rates in the future?

Want to read the rest of the article? Check it out here!

Wednesday, September 7, 2016

Medical Properties Trust: Hospitals Are Great Real Estate Investments, But Not Right Now

Medical Properties Trust (MPW) is one of the leading providers of real estate capital to hospital operators across the United States and Western Europe. MPW's portfolio is mostly invested in for-profit hospitals. It includes more than 200 properties across 29 states and five countries. In my latest article on Seeking Alpha I discuss whether MPW can be a good addition to your portfolio.

Link: http://seekingalpha.com/article/4004401-medical-properties-trust-hospitals-great-real-estate-investments-right-now

Monday, August 29, 2016

Great Total Return Prospects For This Transformed Healthcare REIT

Lately, I've been following the healthcare REIT sector more closely because most companies in this sector are stable income producers, have solid business models and great demographic trends ahead of them. Recently I wrote about OHI here and about Ventas here.

Another interesting REIT is Sabra Health Care REIT. In my next article for Seeking Alpha I discuss Sabra and whether it can be a good addition to your portfolio at its current price.

Check it out here: http://seekingalpha.com/article/4002687-great-total-return-prospects-transformed-healthcare-reit

Monday, August 22, 2016

Ventas: Wait For The Valuation To Cool Down

Ventas is a real estate investment trust with a highly diversified portfolio of seniors housing and healthcare properties located throughout the United States, Canada and the United Kingdom. It is part of the "Big 3" in healthcare REITs (including Welltower, HCP and VTR). Lately, I've been following this sector more closely because most companies in this sector are stable income producers, have a solid business model and great demographic trends ahead of them. Let's take a look at Ventas and discuss whether it can be a good addition to your portfolio at current prices.

Read the rest of the article here: http://seekingalpha.com/article/4001126-ventas-wait-valuation-cool