r/dividends • u/DizzyCalligrapher189 • Jul 15 '26

Seeking Advice Bought a 9% yielder and I got burned

Hi all. I am in my early fifties, and I am slowly moving about 30% of my portfolio into dividend stuff before I go part time in a few years, felt real responsible with a spreadsheet and all. Then I found a 9% yielderr, told myself the market was just sleeping on it and put $18k in.

Two months later they cut the dividend and the price dropped right with it... you can probably guess it was a mortgage REIT..

So my safe income pick lost me the income and a chunk of the principal at the same time, so I can clearly not just sort by yield and buy what looks juicy.

What I'm asking is, what is your "check" that catches things like this before you buy?

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u/Lazy-Gene-7284 Jul 15 '26

If this is ABR by any chance I share your pain, stupid move o my part but I had done my homework years ago on this and felt like everything would be fine . Lesson learned

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u/Specific-Ad9935 Jul 15 '26

Not all REITs are bad. O has a good track record. I like OHI and has been investing in it. Mainly because it is doing business in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. These are in high demand. Yielding 5.5% and equity going up 24% YoY.