the dividend. Management should do it to atrack more investors, thus the stock will appreciate its value at a double digit. Go IGR. My target is 14$ at this year ended.
sold my IGR holdings today. trend has recently weakened significantly and is no longer compelling according to my work. has had a very nice run since December. good luck to all.probably will sit in BSV for a while. risky markets now.not a recommendation.
I think your extremely misguided if you think a dividend increase is in order...I only bought IGR a few months ago to diversify my real estate holdings in portfolio. I actually got the shareholder notice today which has a nice table about the dividend. 28% of my 4.5 cents is return of capital. Don't expect a dividend increase until the earnings support the current dividend. Funds with heavy return of capitals are bad news.Might not sell if but probably am not going to reinvest the dividend like I do with other reits until the dividend is less return of capital.
What other real estate investments do you have ?