They give a special dividend of .20 then they subtract that from the share price then I reinvest the special dividend back into the same stock it came out of... not even worth talking about. What we need is a real increase in price above $5.00... it has been a horrible year for REITS in 2013... I pray 2014 is much better or we all may be eating out of soup cans.
Better than kick in teeth, must mean they are getting their books closer to being up to date, instead of over year behind, also pleasant they found 20 cents to distribute ,you know Rome wasn't built in a day.
I agree that .20 was not worth a bunch, however, I will take anything they want to give. Remember we get another .09 in January, so being realistic, .29 over the course of 1 month isn't to bad..Every indication I have researched, Reits should perform much better n 2014 then this year. I was even thinking about adding to my position just because CIM, does pay out a decent Divy..