It's a cat and mouse game every month. People are worried that it will drop after the X-Div date. I've seen it go both ways and choose to just sit tight and collect the dividend.
sipulacku - good call...
That's how I've been playing ARR since late 2011 and will continue to hold until Uncle Ben/interest rates dictate finding a new sandbox to play in. Although they've been on the decline the last couple quarters, the monthly dividend is mighty nice.
I wish I had more to drop into this! It's a buy and hold. REIT's aren't usually get rich quick, so the holders win and the players lose...or, at least lose out on what they could have made.
Sentiment: Strong Buy