I would like to know what you guys/gals think about the possibility of a dividend raise in the next quarter or two. So far this year, AFFO is 75 cents, they have paid out 60 cents and stated at the beginning of the year they expect to pay out between 80 c and $1.
I know they have altered their strategy a little, building book value and keeping a meaningful dividend rather than just diving out all of their AFFO, I like the strategy, think it is the best long term strategy.
Just curious what all of you expect pertaining the maintaining or raising the divided from here....
i agree with most here that div to probably remain at .20 for now and be increased in the first half of 2013. I am happy with that but I am also OK with a small increase now which is very possible. I expect the div announcement during the first week of Dec.
RSO has been great at delivering the promised dividend. They promised a $1 last year and delivered. They promised .80 this year and have delivered so far. I would be shocked if they raised or lowered it in the last quarter! Take it to the bank. The real question is about 2013. If they raise it... people will get excited about the stock again. If they lower it... people are going to start to feel that we are on a long-path to 0. RSO probably understands what is at stake! I am leaning towards the dividend going back to a $1 for 2013 which is quite bullish.... but there is no certainty is this prediction!