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Strategies & Market Trends : REITS - Buying 1 - 2 weeks before going ex-dividend

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To: Dennis who wrote (2441)6/10/2003 6:19:42 AM
From: bob wallace  Read Replies (1) of 2561
 
Dennis

I'm still here doing my thing...

re NLY, I would keep a close eye out on FRE and see how that shakes out before I made any commitment to NLY or other mortgage backed REITs

however, I do exactly what you suggest, buy after the announcement, and hold until I "capture" the dividend - you could hold until ex-div and you might get some appreciation that way too. but as I said, until you find out why all the top brass at FRE resigned, you might not want to buy NLY...
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