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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (7723)2/14/2011 7:41:23 PM
From: Steve Felix  Respond to of 34328
 
I've come across IRET many times, but have never decided to buy. No real reason, it just never clicked with me.

Talked my sister into selling her 9k Roth of Vangard GNMA last night. It has been a good performer in the safety department, but I believe I should be able to find something with better yield and performance going forward. Not wanting to take a chance on one or two stocks, I'm looking for a real estate ETF or closed end fund. I've looked at NRO and RIT, but would appreciate any other ideas.

Already have RNP in her regular IRA so thought I would go with something else. A look at a comparison chart RNP/VFIIX shows I should have done this a while ago.

Ya get what you pay for. lol!!!



To: E_K_S who wrote (7723)4/14/2011 2:59:41 PM
From: E_K_S  Read Replies (2) | Respond to of 34328
 
Re: Investors Real Estate Trust (NasdaqGS: IRET )

- Dividend Yield: 7.4%
- 5% Discount w/ the Company DRIP program - Yield on Cost: 7.68%

Just received my first DRIP from the company where I got a 5% discount on Dividend invested shares. 6.6774 shares were posted to my account representing their Q1 dividend. My cost after discount was $8.99/share.

I am not exactly sure how they calculate the buy-in discounted price for the quarter but they must use some type of average closing price for the past 60 days.

Anybody else own this stock and have set it up for the 5% company sponsored DRIP? If so, was your net price per share cost $8.99/share?

It's still nice to receive the discount on every distribution.

EKS