Sun, Jul 13, 2014, 8:53 PM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Altisource Portfolio Solutions S.A. Message Board

  • hlchlc1234 hlchlc1234 Jan 18, 2013 9:35 PM Flag

    Question on RESI

    RESI is a REIT. Any idea what the dividend might be?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • There is no revenue right now, RESI still needs to get its cash invested which may take a while. Of its $99.5 million in cash, $18 had to be invested into a title company which is needed to support the business. So, $81.5 million is left to generate cash flows. In terms of book value, RESI is trading at a premium to CLNY which doesn't seem to make sense. RESI can probably get roughly a 10% cash return on that $81.5 million. That is about a 6% yield. But there should be some fixed costs to deduct from that number also.

104.96+0.21(+0.20%)Jul 11 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.