...is better afterall.
Probably not... You just got your dividend, just watch a bit, price will drift down a little more...buy a bit more on the next dip and collect more $$ in 90 days on next divi.....it's like a ratchet...just be patient...
With QE3, it might be said that the best mREIT is the one with the least leverage. Or it might be said that the best mREIT is the one with the highest percentage of fixed rate mortgages.
I'll make a list and others can add data later:
AGNC, leverage 7.7 to 1
ARR, leverage 8.92 to 1
CAP, leverage 8.05 to 1
CYS, leverage 7.6 to 1
HTS, leverage 7.5 to 1
IVR, leverage 6.3 to 1
MFA, leverage 3.6 to 1
NLY, leverage 6.0 to 1 , 92% fixed rate mortgages
TWO, leverage 4.3 to 1, 77% fixed rate mortgages
With QE3, it might be said that the best mREIT is the one with the least leverage
with QE3 or for that matter any other time, one can say that the best Mreit is the one with the best management.
and you can tell which is the best management by seeing what the actual spread is that they are getting along with leverage they are using compared to the profits/dividend...
and a good management doesn't report actual realized losses that are more than their profits for a quarter... that much we can garner....
hia_intell , why would you say it's the one with the least leverage?
And what about CPR.
Or, the best mREIT for QE3 might be the one with the most leverage so that they can sell mortgages into the Fed buying ?