Published Sat, 19 Dec 2020 11:00:00 -0500 on Seeking Alpha
Seeking AlphaREITsSanta Delivers Special REIT DividendsDec. 19, 2020 11:00 AM ET|| Includes: AIV, ALEX, AWP, BBRE, BXMT, DHI, ESRT, FREL, GQRE, HAUZ, HCFT, HOMZ, IEF, IGR, IIPR, IIPR.PA, INDS, ITB, IYR, JRS, KBWY, KRG, LEN, LEN.B, MFA, MFA.PB, MFA.PC, MFO, MORT, NAIL, NETL, NRZ, NRZ.PA, NRZ.PB, NRZ.PC, PFFR, PGRE, PKB, PSA, PSA.PB, PSA.PC, PSA.PD, PSA.PE, PSA.PF, PSA.PG, PSA.PI, PSA.PJ, PSA.PL, PSA.PM, PW, PW.PA, RC, RCA, RCP, REET, REM, REZ, RFI, RNP, RQI, RWO, RWR, SCHH, SRET, SRVR, TOL, TSLA, TWO, TWO.PA, TWO.PB, TWO.PC, TWO.PD, TWO.PE, UBA, UBP, UBP.PH, UBP.PK, UE, USRT, VER, VER.PF, VNQ, VNQI, WMC, XHBby: Hoya Capital Real EstateHoya Capital Real Estate The REIT ForumThe #1 REIT Service Measured By Total ReturnsSummaryU.S. equity markets extended their vaccine-driven rally despite the ongoing stimulus stalemate as encouraging vaccine developments, strong housing data, and a dovish Fed lifted equity markets to fresh records.
Finishing just below its intra-week record-highs, the S&P 500 gained 0.8% this past week but was again outpaced by the continued resurgence of the Mid-Cap and Small-Cap indexes.
Despite a fresh wave of dividend increases and early success in vaccine distribution, the COVID-sensitive property sectors were under pressure this week as 11 of 18 REIT sectors finished lower.
Three more equity REITs and six mortgage REITs raised their dividend this week. 50 equity REITs have now boosted their dividends in 2020 above pre-pandemic levels while 67 have cut or suspended.
A busy slate of housing data and earnings reports indicated that the red-hot housing industry - which has been the backbone of the economic recovery - has exhibited few signs of cooling into the winter months.
Real Estate Weekly Outlook
U.S. equity markets extended their vaccine-driven rally this past week despite the ongoing Congressional stalemate in fiscal stimulus negotiations as encouraging vaccine news, strong housing data, and a dovish outlook by the Federal... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|NEW RESIDENTIAL INVESTMENT||14.98||18.0||0.83||2.00||13.28|
|WESTERN ASSET MORTGAGE CAPITAL||9.83||10.7||0.92||1.24||12.58|
|TWO HARBORS INVESTMENT||13.28||0.0||-2.81||1.60||12.02|
|KITE REALTY GROUP TRUST||15.92||0.0||-0.27||1.27||8.07|
|ALPINE GLOBAL PREMIER PROPERTIES FUND||6.15||0.0||0.00||0.00||7.95|
|NUVEEN REAL ESTATE INCOME FUND||10.71||0.0||0.00||0.00||6.99|
|BLACKSTONE MORTGAGE TRUST||36.16||14.5||2.49||2.48||6.94|
|COHEN & STEERS TOTAL RETURN REALTY FUND||14.98||0.0||0.00||0.00||6.56|
|COHEN & STEERS REIT||23.56||0.0||0.00||0.00||6.38|
|COHEN & STEERS QUALITY INCOME REALTY FUND||15.60||0.0||0.00||0.00||6.30|
|URSTADT BIDDLE PROPERTIES||18.43||28.8||0.64||0.98||5.33|
|URSTADT BIDDLE PROPERTIES||24.28||37.9||0.64||1.10||4.70|
|ALEXANDER & BALDWIN||24.83||0.0||-1.59||0.76||3.19|
|APARTMENT INVESTMENT & MANAGEMENT||51.11||8.5||6.03||1.56||3.07|
|ISHARES FTSE NAREIT MORTG PLUS CAPPED INDEX FUND||41.97||0.0||0.00||0.00||0.00|
Older articles featuring New Residential Investment (NRZ):The Retiree's Dividend Portfolio - John's November Update: Income Drops But Account Balances Climb
The Retirees' Dividend Portfolio: John And Jane's November Taxable Account Update
The Retiree's Dividend Portfolio - John's October Update: Caution For The Market's Optimism
No More Love For One Of These 12% Yielding REITs
AGNC Investment's Q3 2020 Income Statement And Earnings Projection - Part 2 (Includes Dividend Sustainability Metric +...
The Retirees' Dividend Portfolio: John And Jane's September Taxable Account Update
Annaly Capital's Dividend, BV, And Valuation Vs. 20 mREIT Peers - Part 2 (Includes Q4 2020 Dividend Projection)
Mortgage REITs Raise Dividends
85 Equity Dividend Boosts In September From Barron's
Annaly Capital's BV, Dividend, And Valuation Vs. 20 mREIT Peers - Part 1 (Post Q2 2020 Earnings - Continued Attractive...