Owley, that sounds about right. My research turned up the same conclusion. Trading range currently is $7.20 to $7.38. It won't really rise up until earnings become clearer. If they are decent then $7.70 should sprout up. With dividend announcement we will most likely see $8 this time around. GL2U.
I agree with that also. I think as long as no general market crash I think we could see $8.00 by dividend time maybe a day or 2 before ex-date. I would be surprised if we went much higher than that without a dividend increase. The reason is so many REITs have a higher yields.
I'm hoping for another hint about a dividend increase by year end in next report or at least a little more clarity.