can't understand how the divy was reduced so much being non-leveraged. cannot recall if 50% or more of previous divy was hoped for cap gains or return of cap. but this hurts. so much for feeling safer with non lev and diversification. anyone hear anything from IR? thanks
Still not bad considering what banks pay these days. The other benefit is Reits div are not fully taxed (part is return of capital). I just bought today will hold for income and long term appreciation. Inflation will come and the best thing to hold is hard asset like reits.