Thank you for your input! It's not often these message boards provide a really intelligent post. I feel better about holding my position.
from REM. I can't believe it . On top of everything else, they can't figure the tax characteristics of their distributions in a timely manner.
Yes take the dividend of approx. $1.48 per year out of the NAVr since 2011 and REM would be in a nose dive around a NAV of around $ 5-7 ETF....
That is what reaching for yield will do for your investments..
Sentiment: Strong Sell
On Yahoo, go to Historical Prices, then hit Dividends Only, then hit Get Prices. You will get list of dividends by date and amount.
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Frank: Thanks, wasn't aware it was today.........now I have to run upstairs and check if I stopped the roof leak (seriously).
The iShares Mortgage Real Estate Capped ETF (NYSEARCA:REM) will soon declare its quarterly dividend, which will be paid at the end of June 2015. The table below shows each of the 37 mREITs in the REM portfolio, the weight, number of shares, price, ex-dividend date, dividend amount and the dividend frequency from each component using data of June 18, 2015.
Multiplying the shares of each component by the dividend gives a dollar amount for each component. Some mREITs pay monthly. To calculate the amount that a monthly-paying component pays during a quarter the dividend is multiplied by three. The quarterly figure for an issue where the monthly dividend was changed during the quarter, such as AMERICAN CAPITAL AGENCY REIT CORP (NASDAQ:AGNC) is the sum of the three monthly dividends. One component, iStar Financial Inc. (NYSE:STAR), with a weight of 2.265%, does not currently pay dividends. Adding up the dollar amounts of the dividends for all 36 of the components that pay dividends results in $31,278,681. I have assumed that any earnings that REM received on the holdings of $5,853,189 in cash and treasury money market funds were negligible and have not included them in my calculations. Dividing the $31,278,68 figure by the 105,150,000 shares outstanding gives a gross dividend of $0.2975. Using a 0.48% net expense ratio reduces the quarterly dividend by $0.0137. This would imply a quarterly dividend, which will be paid at the end of June 2015 of $0.2838. On a trailing 12-month basis the annual dividend for REM would be $1.488. This would be a current yield of 13.0% for REM at a price of $11.43....."