Better High Yield Monthly Dividend Stock: Realty Income vs LTC Properties

Group 1: Company Overview - LTC Properties focuses on healthcare properties for older adults, with 45% in assisted living and 55% in skilled nursing [2] - Realty Income is a net-lease REIT primarily focused on retail assets (75%), with additional investments in industrial and unique properties [4] Group 2: Dividend Performance - LTC Properties has maintained a monthly dividend of $0.19 per share since it increased to that level over five years ago, demonstrating resilience during the pandemic [3] - Realty Income has increased its dividend for 30 consecutive years, with 108 quarterly dividend increases, and pays dividends monthly [5] Group 3: Yield Comparison - LTC Properties offers a higher yield of 6.7%, which is approximately 15% more income compared to Realty Income's yield of around 5.8% [6] - Realty Income's dividend has grown nearly 40% over the past decade, while LTC Properties' dividend has remained stagnant since 2017 [7] Group 4: Investment Recommendation - For investors prioritizing dividend growth, Realty Income is recommended despite its lower starting yield, as it is expected to close the income gap over time [8] - Realty Income is suggested as the better choice for most investors seeking high yield, monthly pay dividends, unless specifically looking for a healthcare REIT [9]