10/30/2020 14:31:41 Bought 10 LHX @ 158.51 -1,585.10
LHX now my number two holding. Pru #4. First LHX purchase in July. First PRU August. Current losses 5.23% and 1.56%.
Dividend stocks having a tough year, which admittedly I don't understand. Buy them while they are down?
Just seems like a disconnect to me, bwdik.
These four currently 22% of my IRA. One year returns.
LHX -20.01%
MPW -14.41
PRU -31.14%
UTG -15.57
Been casting about for something new, but may have to add to MPW with it's 6% yield if it stays down.
Some points from their recent call:
It is this logic that drove 24% normalized FFO per share growth in the third quarter, and ranks us number
one among U.S. REITs exceeding $3 billion in equity market cap in 2020 FFO growth.
As of October the first, we're collecting essentially 100% of our rents, including interest on the deferred
portion from earlier in the year.
As mentioned earlier this morning, we affirmed our $1.68 to $1 71 run rate guidance.
On an AFFO basis, our retained earnings is estimated to provide at least $150 million annually over and
above current dividend payments.
Finally, large institutions continue to pursue opportunities with us for joint venture investments in hospital
portfolios. As many of you know, we have executed joint venture transactions in the past at very attractive
terms for MPT, and we continue to explore these opportunities.
What this means to us is that we believe, we have a number of alternative capital sources to continue our
double digit accretive growth in coming quarters, while maintaining our prudent historical leverage target,
and avoiding the more expensive and dilutive capital raising strategies during recent market conditions. |
