The market is up nicely today, and REITs in general are having a nice day, but we did see NCT in the red earlier today. Now it is decently green. Could this be a sign that the weak hands have been shaken out and now we can start our march towards the $8 mark before ex-divy? I will be curious to see how we finish the day today and start up on Monday. Should be a good sign.
Just IMHO: NCT is fairly priced at the current 10% div yield. Either an increased divi or sector move will be needed to take it significantly higher. I agree with others that divi increase will be in 4Q (3Q remaining 0.20).