Mpw is one that I had owned from when it was $8-$9. The dividend yield was about 10%. It had that quick runup like the other REITs and when it hit $16+ I sold. I liked it at 10% but not 5% yield. The thing that I did not Like was that it had NEVER raised its dividend after its first year. It had gone about 7 years without an increase. I sold MPW and kept TCAP and OHI, because they raise every year. Now with acquisitions it FINALLY raised 1 cent per quarter. However it is a well run company. I did have a buy in for $11.50 but it never hit that target.
I asked him to do that for us a few weeks ago. Still waiting for results of investigation. I think he is wary of taking on the company again since they canned him 5 years ago.
I thought you would be the one to save the gullible investors. Soon there will be another scamalicious press release of 522 monthly dividend paid
If I was running the justice dept. This would probably be on the top of my list of the most important matters to be pursuing. Perhaps they can divert some funds from ID theft investigation into this pressing problem
Yes, perhaps some kind of anger management therapy might be helpful to let him move on and live a useful life.
Yes and I think we have him pegged. Probably worked for O or one of the companies they bought. Fired back in 2008, probably for claiming they could not be paying dividends since 1970, when they only went public in 1994. Then he lost his most of his money in 2009 crash and soured on stocks. So he probably put all his money in something safe, like gold at $1850 per ounce. And now here he is today, predicting the same 'death spiral' for the last 5 years while others make money on dividends in stocks he shunned.
I have owned this for a while from when price was about $65. It seems like O it has gotten very big. They don't always meet their guidance, but do give guidance on distribution increases. Like EPB they got hit last week when they lowered their dist. guidance for 2014 by a few pennies. They might eventually buyout EPB so that might be a better buy for capital gain. For the past few 2 years it has been in this trading range of mostly $78-$90. So now at the low end, but had a big bounce Friday. It seems like a good buy to me. 2014 distribution goal of $5.58 would mean about 7% yield at $80 per share
You like to quote analysts . So anyway. Analysts who follow CLX have 1 year target of 88, those following O have target of 42. Just sayin'
Not that it really matters to income investors, but I would guess that a year from today the total return for O will probably be double that of CLX. I would be staying away from companies trading at their all time highs like CLX. Even you said it was overpriced