Senior Housing Properties Trust (NYSE:SNH)

CAPS Rating: 4 out of 5

The Company is a real estate investment trust whose present business plan contemplates investments in age senior apartments, independent living properties, assisted living properties and nursing homes and encourage development of new properties.

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Player Avatar fdude71 (73.13) Submitted: 10/23/2008 10:20:49 AM : Outperform Start Price: $12.73 SNH Score: +12.38

Senior healthcare REIT... great opportunity to get in after the market REIT downshift. Not sure about the debt level though.

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Member Avatar invest4div (< 20) Submitted: 11/19/2008 8:40:48 PM
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Total Debit :) $567 million (MRQ),Debit / Equity :) 0.325,No debit due untill :) 2012,Book Value $15.215.Currently yield of 11.37% based on today's closing price! Seems like a buy it is worth the risk. Yes, earning may evantuly drop in coming qtrs based on future occupancy rates softening - but even a fifty percent drop in the dividend still leaves me at a yeild above my cost of money. The good news is the dividend is currently covered by FFO at about 91%.

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