This corporation has a buy scale recommendation of 1.9 on a 1-5 scale, Projected earnings of 1.03 for this year and 1.13 for 2010, and a dividend yield of 13.8. If ever a dividend should drive a stock, this one should but it's not. What gives?
This is an REIT which pays almost all of it's earnings in dividends. If they can do $.25 in the payout to be announced next week the stock could move quickly to $7. Does anybody think the dividend will go up or stay at .22.