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Strategies & Market Trends : REITS - Buying 1 - 2 weeks before going ex-dividend -- Ignore unavailable to you. Want to Upgrade?


To: Richard Barron who wrote (2100)6/1/2001 8:18:05 PM
From: Richard Barron  Read Replies (1) | Respond to of 2561
 
RA is still at a great price and should declare the dividend in the next 2 weeks. There is a chance that they will raise the dividend also. It ran from 21.50 to nearly 23 before dropping to 21.70 again. I expect to get 22.50-23.00 if no dividend increase.
The possible downside is that they are taking a bath on internet broadband and NY real estate is going down the tubes. These are risks that don't overly concern me at this time.
Richard