Ultra-High-Yield Stocks: A Labyrinth of Dividends
When the COVID-19 pandemic descended upon the world, it cast a shadow over nursing homes and senior housing properties, a reflection of mortality itself. The virus, a malevolent librarian, rearranged the lives of the elderly, reducing occupancy rates and accelerating deaths. Amid this chaos, some healthcare real estate investment trusts (REITs)—Ventas (NYSE: VTR) and Welltower (NYSE: WELL)—chose to lower their dividends, as though bowing to the inevitable.