what you guys do not seem to understand is - that they need to pay it out even if they have to take on new debt. If an otherwise taxable gain has been realized - most of it has to be paid out in order to retain REIT status and not pay any corporate tax.
They will be no cut, actually, there might be another special distribution instead.
Don't know a thing about the list but here is their disclaimer. Says to me they don't have an idea or a clue. All dividend paying financials could be placed on this list as all will have to have the means to accumulate cash to pay a dividend.
it is soo easy to be bearish at a dividend of almost 30%
Do this for all stocks with such a divi, and you will be rights some of the time.
The thing to understand is that SFI pays so much bcause their share price is oversold. I would not be surprised if they are actually buying back shares like crazy - heck they may even take on debt for that - they outlined that in their last annual report.
Great for me. I am getting 25% while waiting for the share price to triple again.
Most of people on this board know the dividend can be reduced by 50%. This company is caught in this credit crunch but will make it. Just will have tough going. I would think single digits would be excellent buy time to accumulate. This is a long term play.
The dividend is not going to be reduced by 50%. Estimates that high are ridiculous. SFI's share price reflects nothing but hysteria. If the shares dropped by another fifty percent, would you then suggest a cut of 75% to the dividend? Give me a break. SFI is doing great.