announced yesterday. That means its yield dropping from the previous 22.4% to its current 14.6% at today's closing price of 12.30 (dropped 6.89%).
I would not touch it though. There are better REITs especially hybrid to buy and hold.
J, thank you, but I have a small position as of the 16th.
Wayne was right about the dividend cut. He called it.
On the other hand MORL has been interesting.