Value Investing 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 : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Grommit who wrote (64482)	12/24/2024 3:25:26 PM
From: Paul Senior	Read Replies (3) of 78958

Industrial real estate: I made a mistake by not buying California industrial reit REXF when it was discussed here four years ago. The stock has come down now to about similar level again. The dividend is still lower than I'd like. (Prefer >=5%, which it wasn't then and my reason at the time for not buying.) REXF dividend has grown, and with the stock down, the yield is now up to about 4.4%. At the same time money market rates have dropped to maybe about 4.2%. This makes it an easier decision to deploy some cash from money market into REXF here. I have built a small position in PLYM, also an industrial reit. Here the dividend is over 5%. Unlike REXF though, PLYM dividend has been cut in its past. PLYM operates in 2nd and 3rd markets (non-coastal USA), so land is much more available for developing and for competitors. Built-up California otoh of course means in-fill is important in developing new properties, and makes REXF properties the more valuable, presumably. finance.yahoo.com finance.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next