REITS - Buying 1 - 2 weeks before going ex-dividend 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 : REITS - Buying 1 - 2 weeks before going ex-dividend

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mr. Sunshine who wrote (2550)	7/10/2012 10:17:09 AM
From: Elroy	of 2561

In your opinion, what are the best mRIETs out there, and why, at current prices? The best has been AGNC, but it has had such a nice run up in share price that it's really hard to buy now. It's at about 1.2x book and a 14% yield. I guess IVR or NLY would be my preferred safer picks. However, with earnings season up in the next two weeks, and the next dividend for most of them not to be paid until late Sep, I don't think you need to hurry. I'd wait until after earnings season, see where book values have shifted, and then decide. It would stink to buy one today, only to find two weeks from now that it's book value has declined so the share price falls accordingly. If you just can't wait, ARR just did a secondary today, and trades ex-dividend on Thursday, so that one might be good to buy on this Friday or Thursday. They pay dividends monthly, so the ex-div thing is a smaller deal for them than the quarterly payers. They will pay a dime per month for Q3.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next