Dividend investing for retirement Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dividend investing for retirement

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Steve Felix who wrote (1869)	2/14/2011 6:46:58 PM
From: E_K_S	Read Replies (2) of 34328

Hi Steve: Re: Investors Real Estate Trust (IRET) - Dividend yield around 7.7%. finance.yahoo.com Did you ever pick up any shares in this REIT. They own multi-family residential properties and commercial office, medical, industrial, and retail properties located primarily in the upper midwest states of Minnesota and North Dakota. As of April 30, 2008, the company operated a real estate portfolio of 72 multi-family residential; 65 office; 48 medical; 17 industrial; and 33 retail properties. North Dakota's economy doing quite well with the E&P oil & NG discoveries. Therefore, their properties should benefit from all the E&P Oil & NG monies being spent in the local economy. This one is on Schwab's list that provides a 5% discount on shares bought in their DRIP program. From their Web site:"...Through IRET Direct, you can reinvest your distributions at a 5% discount below the market price for our common shares on the distribution payment date...." www1.snl.com I am going to add this one to my watch list. Their debt to equity is just over 50% on their properties and their payout ratio is still high over 100% (it has to be since it is an REIT). If you think real property has bottomed, then it might be a good time to accumulate a position. They do have a history of a high percentage of "Return of Capital", which when added to your 5% share discount on their DRIP program will reduce your overall cost basis substantially. www1.snl.com EKS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next