Why does yahoo post a $.09 dividend with a 2.9% yield when it is $.02 a month which is $.24 which creates a yield of over 6%? They have it wrong for months now........This stock has been a pleasure to own for the last 18 months.
Why does Yahoo do anything? I find they are frequently wrong on div amounts and yields. You should be able to figure out that the true yield on NRO going forward is .0607 or approximately 6%. NRO should be yielding a lot more, the basket of REITS than NRO invests in have been increasing payouts lately, but for some reason, the increases haven't been being passed on.