Now a C corp.....no longer qualified as REIT.........no dividend at May Board of Directors meeting.........a nominal divvysometimeIMO with being taxed as a C corp it will be along long time before any dividend .I don't get it and went short at 22.78
Now that you're short, maybe a little research into why a hedge fund would greatly increase their position in WAC is in order. As a hint, look into Walter's acquisition of Green Tree Credit Solutions. For your convenience: http://investor.walterinvestment.com/phoenix.zhtml?c=227999&p=irol-presentationsThank you in advance. I plan to sell in a year or two and motivated buyers are always welcome.