Dividend-News

Daily dividend news for investors in dividend stocks


Start 2019 With These Fat Yields Up To 8.3% From REITs

Published Mon, 31 Dec 2018 17:26:33 -0500 on Seeking Alpha

This research report was produced by The REIT Forum with assistance from Big Dog Investments.
The market went crazy and we have some buying opportunities.

We will be going over some preferred shares to sell and 2 REITs worth buying right now.
The market shifts
In December, the fundamental valuations completely broke down for preferred shares. We witnessed massive failures in market pricing. The deviations in prices are absurd, which is the best possible scenario for entering new positions.
The market became terrified of a recession. It looks like early 2016 or early 2018. Stock values are down, economic indicators are down, but they are telling us things we should've already known. The economy is still performing well. Unemployment is still low. However, the prospect of slower growth is terrifying Wall Street.
To account for the price swings and finding relative values, we've modified our price targets in two ways. We reduced targets based on the risk rating. Higher risk shares saw a larger reduction. We also put in a small reduction on preferred shares that are FTF (fixed-to-floating).
Treasury yields were falling and the curve is quite flat. That means investors will begin speculating over whether they actually need the protection offered by the FTF feature. We still see it as valuable but are reducing the premium we're willing to pay for shares that carry it. The reduction is only about $.10.
We are also going to call out a few... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
WP GLIMCHER 5.42   13.2 0.41 1.00 18.52
CBL & ASSOCIATES PROPERTIES 1.85   0.0 -0.72 0.30 16.39
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST 6.15   0.0 -2.00 0.84 13.77
TWO HARBORS INVESTMENT 13.79   98.5 0.14 1.88 13.62
ANNALY CAPITAL MANAGEMENT 10.25   64.1 0.16 1.20 11.71
CHIMERA INVESTMENT 19.09   9.7 1.96 2.00 10.52
TANGER FACTORY OUTLET CENTERS 20.53   46.7 0.44 1.42 6.86
MACERICH 43.21   105.4 0.41 3.00 6.85
TAUBMAN CENTERS 52.12   59.9 0.87 2.70 5.19
SIMON PROPERTY GROUP 177.98   22.6 7.87 8.20 4.62

WP GLIMCHER - WPG
WP GLIMCHER - WPG  


Older articles featuring Wp Glimcher (WPG):
Tanger Factory Outlet Centers: What Does A Complete And Unbiased Analysis Yield?
Our 'Top Preferred Stock Pick', 9% Yield And Big Upside, From Pennsylvania REIT
3 Yield Trap REITs To Avoid Like The Plague
Another Pair Of Preferred Stocks About To Rip Higher, Yield 9.8% From Costamare
Belly Up To The Bar - The Top 20 Highest-Yielding eREIT Preferred
Jussi Askola Positions For 2019: High-Yield Landlording
Simon Says This High-Yield Blue-Chip Is A Very Strong Buy
Our 10% Yielding REIT Portfolio Heading Into 2019
6 Great Buys With Yields Up To 11.5% To Start 2019
Top 50 Real Estate WallStars By Yields And Net Gains For November 2019

More