Bill Gross is an idiot and loser. Only idiots watch CNBC. Keep going to the media for investment news and ideas and you will soon be like the bagholders in SUNE.
We will now see zero rate movement through 2018. Expect virtually no rate hedging expense and much higher leverage. Book values are about to soar as existing hedging is wound down. Existing portfolio values are soaring. And, expect all reits to go out further on the yield curve. Translation- higher portfolio value, lower costs, higher net income and higher BV and distributions. $1.50 distribution by Q1, 2017.
Sentiment: Strong Buy
PRHL is the stock to keep an eye on. Deregulated energy play that has had some massive press over the past few weeks. Already showing signs of a breakout. PRHL could be huge
If you are looking for a good dividend play, NYMT goes x-dividend tomorrow, so today is the last day to lock in the $0.24 dividend. That's a 14.6% yield, which is as high as anything I've seen elsewhere. It's also a solid company, so you can hold it with confidence. Also, OFS and ARCC are good bets as well, although they've already passed their x-dividend dates.
It is a shame that 3 people resented you asking about your dividend.
When you buy a stock, your broker has 3 days to deliver the shares. Ergo, you must buy 3 days before record date.
For a high yield stocks, one can expect the price to go up a few days before the X. There are plenty of people who want to get the dividend. On the X-date the share price will automatically drop by the amount of the dividend (there are no free lunches). And then, a bunch of very ignorant people will dump their shares, generating a 2 or 3x drop.
That's when I buy; and up 60 cents is when I sell.
Take a deep breath because I am about to tell you how I made A LOT of cash in the market recently. Google “LionStockAlerts” and see for yourself…They have killed it for me
Yield depends on your cost. People bought 5 years ago get about 6%. In another 3 years they will be close to breaking even. Oh hel, they could have bought a 5-year tax-exempt bond.
The eagle has landed in my trading account! Thanks to the selection I got from UltimateStockAlerts so make sure you look em up in google
Compass Point should have waited until the Fed came out. Now, rate increases are off the table at any material level for another three years. Maybe we get to 1% by 2019. Reits can now reduce hedging cost while increasing leverage yielding higher distributions.
Sentiment: Strong Buy