I don't think most recognize the yield is 10%. Yahoo does not report it snd the seeking alpha analyst has it at 7.4%. The stock will have to trade up to a 7% yield at some point or a price of $28. They are adding to FFO with recent acquisitions being 2% over cost of capital.
Not if they increase the share count, and the covertible perferred share count by another 20 to 30% in the coming year. Do you see management doing anything to decrease the share count? NO. Are they redeeming convertible perferred? NO. Are they planning to issue more shares? YES. To pad their useless managemnt bonuses and pay checks. Do NOT let this dividened number fool you if you are a new investor: STAY AWAY FROM THIS STOCK!!!!! WARNING!!! It is a black hole of new share issue and bad management, that does nothing to increase shareholder value. STAY AWAY!!!! WARNING ALL NEW INVESTORS!!!! BLACK HOLE MONEY PIT!!! Worse than a penny stock, since it is portrayed as a legitimate money making company. Which it is NOT.