Yahoo says payout is 244%.
If that is accurate, how can RSO continue dividend at current levels and plus new stock in offerring?
I know it is not just net income, but 244% is very high.
Ah, yes, but when I posted my sales, did that make me a basher?
When I said the stock was fully valued at $7, was that a bash? When I said I bought at $6.43 was that a pump?
If you've followed this board over the last 3 years, you'd have to flip back and forth between calling me a pumper and a basher several times. That's fine by me.
You are entitled to your own opinion.
I am not an expert on much of anything, but I have made a lot of money on RSO, both on dividends and on capital gains so I ain't stupid as to what to do and when.
And this is a time to accumulate. Sure, I offer no guarantees of the price rising, nor can you of the price seeing $4 in the next month. But in my experience over the last 3+ years of buying and selling RSO, this is a much better time to buy than to watch.
Do what you might. I have bought as high as $9 and as low as $5+. In any case, I made money from holding (and the dividends paid the difference) or from selling (and taking the cap gains).
So maybe enthusiasm by members of this board reflects their ability to adopt different strategies that produce profit. It aint always buy upon a market crash.
Thanks again. My experience has been with residential mortgage REITs. So far, I stayed away from commercial because commercial real estate has been so "troubled". Not that residential is good; but I have just followed it more closely.
Dividend payout ratios for several residential mortgage REITs are much lower: AGNC (71%), CIM (106%), ANH (111%)-from yahoo stats.
...so I would imagine that REITs have much higher Dividend Payout Ratios than stocks not required to payout 90% of earnings to their stockholders. It's an interesting stat that I need to understand more about. I did notice that several other REITs are high, with AGNC, 71% at the lowest, and LGCY at the highest 770%. CIM, 106% and ARR at 136%. So, RSO does seem to be on the high side, but maybe this isn't a deal breaking factor for owning the stock. I'm not knowledgeable enough to know. But I do think this should make for an interesting (hopefully learning) thread to follow...
So if you have questions about if that is true or not, or even if you believe it, why don't you actually take two minutes and look at another source or two and see what they say? You probably shouldn't have any money in the market.