#6: Health Care REIT (HCN)
Dividend stocks like real estate investment trusts (REITs) are required to pay out most of their earnings as dividends; that’s why you find so many of them among the top-paying dividend stocks. And if it weren’t for the dividend yield, Health Care REIT (HCN) wouldn’t look like much these days.
HCN stock is down 9% over the last 12 months — a hole so deep even the hefty dividend yield can’t make it a profitable investment over that time frame.
HCN enjoys a solid portfolio of senior housing, long-term care and medical office facilities, but an acquisition spree has greatly increased costs. Even worse, there have been reports of conflict between the CEO and the board of directors.