Even though this hasn't exactly set the charts on fire for awhile, it sure has held up recently compared to most other yield plays that I pay attention to . I don't have any idea how we will be impacted by higher interest rates but I trust for now that the perception differs greatly from REITS and financials .I'm appreciating that at the moment.
I agree 100%. One REIT that has done pretty well during this storm is TMA. This is a real quality company and their is insider buying. Another divy play I like is the mutual fund ADVDX. This payed a divy of $25.00 on a minimum 1000.00 investment this past month....and with the market down a tad I am buying more ADVDX as well as NRGY. ADVDX sure does beat the DVY offered by AMEX. Good luck with NRGY.
"One REIT that has done pretty well during this storm is TMA."
If being down 22.6% in the month of April is doing pretty well, then I am a genius :-). Though TMA should handle the threat of rising interest rate better than most with its short term ARM. I don't see any catalyst to make this stock go back up to 30. I think the time to buy is after the third rate hike by the Fed. Thank goodness I don't own any REIT.