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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Grommit who wrote (33513)2/12/2009 3:47:04 PM
From: Paul Senior  Read Replies (1) | Respond to of 78740
 
Yes, I'm hoping those pfd's will hold up okay. I have CLP-D too. Also FR-PJ and HRP-D which are similar (I presume) to the ones that you have. I bought after the preferreds of these reits were mentioned here. Additionally I have LXP-PD and some of the common.

For a convertible preferred etf, I am still with AGC. Looks like it's a wrong decision: I'd not recommend this one - I'm not comfortable with its use of leverage.

claymore.com



To: Grommit who wrote (33513)2/14/2009 11:26:32 AM
From: Madharry  Respond to of 78740
 
im curious about these preferred shares. are these cumulative dividends. can the company pay dividends in share of preferred? what happens if these companies decide to omit their preferred.



To: Grommit who wrote (33513)2/14/2009 12:52:01 PM
From: Spekulatius  Respond to of 78740
 
Amongst the REIT common shares KIM looks reasonable.KIm is trading almost at their 11/20 panic lows. They do pay their dividend in cash still yielding 16%. I think they are going to reduce it but still.

Balance sheet has some garbage in it that is only partially written off (australian investment etc. ) but they do own pretty good properties. I think I am going to take a stab on it at 10$ or thereabouts.