Rates are so low that a company such as OHI can borrow money or issue notes-take that money-buy a facility and make a good amount of earnings
I find it hard to believe that a person would spend around $26,000 for 4000 shares of NYMT and not know the dates for the dividend ???
You hit the nail on the head- Green Giant will not be a winner in every economic niche -they have a good product with a respected name-that is a major strength for this company. The job now is for B&G to take that positive and grow sales. Seems that B&G has done this a number of times in the past and with this purchase the rewards will be greater then in other tasks.
I have worked for 4 different chains and each one had product and prices geared to a specific area- at times it was not pleasant --- as a customer would pay a different price a few miles away or could not find a specific product-- example there would be very limited frozen products ( veggies with sauce ) in low income areas yet fly out in higher income areas-- these companies spend a lot of time and effort to present the right product and price to their customers
Jackm--most chains have different price structure and different products depending on many factors such as socio-economic
Different clients,different areas,different services- I would think that it would be a low percentage of over lap -clinic might be good for flu shot ,colds,coughs etc nothing too serious.
I have worked in the food industry for over 30 years-mostly at store level-in general private label with lower cost does well most times in the year. When there is a major holiday you will find an increase in products by major producers like Green Giant-people will buy the higher priced product since they want their meals to be perfect for their family, relatives and friends.This carries true for every area in a store-from alcohol products to candy-People want the higher end products.and will usually buy more then is needed-just think of all of the left-overs after a Thanksgiving meal.
Actually the first time divvy is 57 cents per share for the quarter-if that number holds true you are looking at a 7.4% dividend for the year at current value.
Your a smart man JR-- I've been buying in the last 3 weeks-picked up 400 shares of CTRE the other day-some officers from my all-time favorite REIT NHP ( that was bought by Ventas ) are now running this company-smart guys and know how to buy and make money.
I own a number of Health Care REITS but today after reviewing the info on CTRE I made a buy-what really was the final piece was the background of some of the major officers-in particular their employment with NHP that was eventually bought out by Ventas. NHP was a well run company and my favorite REIT-I was truly disappointed on the sale and I wondered what happened to some of the major players at NHP. Well some are here! If they do as well with this company as they did with NHP we will be very happy investors.
You are on Yahoo Finance--left hand side ( quote lookup) put CCP -that will bring you to the web page-look at first topic under headlines-good luck
For those interested on finding more info on CCP-there is an excellent interview with the CEO listed on Yahoo CCP under Headlines-- I might decide to invest a few more dollars in this stock.
If there is a nuclear war and 50% of seniors in our country are eliminated then there is a chance that OHI will fail-other then that the divvy is near 7% now and they have increased the divvy every quarter since 2010. OHI is a strong company with a good future.
Hard not to like OHI-divvy is close to 7% now and they have increased the divvy every quarter since 2910. VTR is a strong company as well and is a no brainer buy at these prices.
check-- I own OHI and you are 100% correct- I think some people spend more time planning their vacation then planning their future.
I honestly know very little about CCP other then they are a major player now in SNF facilities-As far as I know they don't have a web site yet and there is no listing of major holders in the mutual field or institutional area. They did make a 210 million purchase the other day and they are securing triple net leases with companies they deal with (That's great). They just declared a 57 cent divvy for the 3rd quarter which works out to around 6+ percent--my other REITS have a yield now of a low HTA 5% to a high OHI 6.67%. I would like to find out the percent of private pay vs government pay for facilities. I would also want to know where there facilities are located-their recent purchase in Shrevesport LA does not impress me since my other REITS make a big deal that their facilities are located in high income areas. In any case I might be interested in buying some shares down the road- I received 1 share for every 4 shares of VTR so I only own 91 shares of CCP now -- I usually like to own at least 200 shares of a stock-- Good luck