I'd like to see UAN do more to maintain the distribution on an even keel through out the year. Small investors (like me) get nervous when the they see a history of distributions that vary from qtr to qtr. I think mgt could keep a running qtrly at say 35 cents then pay an annual special distribution of accumulated excess if any as well as buying back units on the cheap. Just my 2 cents. BTW, I now understand the variable nature of the distribution, just saying that alone is what keeps many away from UAN. I'm accumulating a position. I think their plant expansion is paying off. Wonder how much more room to grow they have to expand further?
IMO now is not the time to sell. If you are on the fence, I'd wait until the next monthly update before making your decision. Personally, I'm not selling. But, the next update will tell whether or not company has continued to pick up the pace of share repurchases as well as continued portfolio moves. It is true that the repurchases have been lame, but it is also true that they are picking up. For me, it doesn't make sense to realize a loss when I believe the prospects for ARR have gotten better. I would say that mgt has been making good moves as of late (the RS is not on the top of the list) but they are setting up ARR for better performance in a rising rate environment so for me that constitutes a hold for now.
at the end of the day, HCR will pay the fine and they will continue to pay the rent. HCP has taken steps to diversify away from HCR. They already bit the bullet on rent concession and received what they thought was a fair tradeoff in lengthened agreements and property. Gov't not gonna put HCR out of business. Additional concessions are possible, but who is to say they won't favor HCP over the longer term? I'm not worried about HCR ability to pay the rent, this is a 5 billion dollar company and the number of patients in the lawsuit is about 1000.
Highly recommend you read the letter on their website in regards to the government investigation...From the letter... "We would like to highlight a number of other important facts. First, our Medicare billings are submitted to and approved for payment by the Centers for Medicare & Medicaid Services (“CMS”) own third-party fiscal intermediaries; these intermediaries found the services they reviewed and approved for payment to be medically necessary and in compliance with billing guidelines"....bottomline good time to be adding more HCP.
Contrary to all the message board experts, the RS is being well received. Why? perhaps its the small dividend increase...I'll admit, if they had cut the dividend this would have sunk hard. But that is not the case. Going forward, ARR is positioned to do better in a rising rate environment. They still have a share repurchase authorized. And have displayed some confidence in raising the dividend. After years of only cutting the dividend this is pretty big in my opinion. Not exactly investment grade, but I think we saw the bottom and if you can live with a 15% plus dividend then this might be a good time to buy more.
an increase is an increase especially when most were expecting a cut. They still have a share repurchase authorized. Stock has already been pecked away at. This looks like mgts first attempt to do anything on behalf of shareholders. Wish they would have just repurchased shares. Timing of this was no accident. After Fed, no interest rate hike for now. ST if mgt doesn't start defending price with share repurchase then yes it will fall some more but no free fall from here.
RS is no surprise. Dividend increase is. Should balance out. ARR is ready for rising interest rates. No sense in selling. Next thing might just be a robust stock repurchase as weak hands sell.
getting very tempted to start a position again. I compare PDT to FFC and am amazed at the premium for FFC and the discount with PDT. I know PDT is a hybrid of sorts because it is a mix of preferreds and equity. I like the fact that PDT has a relative large position in financials which should perform well relative to utilities in a rising rate environment.
I have a hard time understanding why people use the coffee maker, but they do. I make a whole pot of coffee for the cost of a single pod. Same will be true for the cold drink maker. I won't understand why people buy it, but they will. Maybe for the mixed drink pod...I do think the price of the machine will be sub $200 by the time it appears in stores. GMCR changed the coffee isle in the supermarket. Now they will likely change the beverage isle as well....
check out the value line report on AMT, impressive 20% annual growth in next 3 to 5 yrs. I just added some, kinda waiting for a market slump but might as well buy growth when it is not priced into the current share price. Also, the quarterly dividend increases are expected to continue at mid double digits annual rates as well.
Sentiment: Strong Buy
perhaps. contemplating getting back in here but will likely pass for now. the ROC portion of the distribution is troubling as it has increased significantly.