slow bleed today after strong yesterday on weak market day... go figure
i've called it twice before but it once again looks like we may have hit a pre announcement top.
lets hope we hear something this week
Alright! that means two divys next quarter., and a supersize value meal.
calm down, we all get a little myopic over our darlings.
I wish for the sky now, but quite happy with todays solid performance. A little profit taking but mostly accumulation yet. Added some more calls on the mid-day dip with a limit I thought they would never fill.
They ARE calling it "first quarter dividend," even if it doesn't go ex until April 2 or later. Messes up my quarterly books but I can live with it. Question becomes if they do this with the fourth-quarter divvy that "should" go ex- in December, and push it into January. I don't THINK they can do that one without triggering excise tax on the non-paid-out profits as a REIT, but I worry anyway because that would mess up my annual books and would be a lot worse than this March/April business.
See yesterday's thread: http://finance.yahoo.com/mbview/threadview/?&bn=a7569915-6bd6-3bc5-88b2-9e0e17e59555&tid=1364243502622-f5f0ebdc-b2de-4fd6-bf6b-459fe4516105&tls=la%2Cd%2C3%2C3
No, they can't legally skip it, but your fear is the reason for the lower PPS today. Some people think that the delay in announcing might mean something is wrong so they book their gain to date.
With the 4th quarter earnings they announced, nothing is wrong. I'm wondering if they are trying to discourage the cyclical buying and selling that MREIT's have gone through for the last couple of years.