Many REITs were unfairly beaten down in price the past few weeks and people are picking up shares at the bottom.
That woud be even better.
In all honesty, I think shares of WPG are undervalued and hope my limit order hits later in the week on a dip in price.
I have not replied to her posts in two weeks now, but she still responds to all of mine - sometimes three and four times. She watches my every move and probably wants to buy the same stocks.
I have won and VICTORY is mine. It is great to be a winner - and not a whiner!
Kaptain Lou - #1 poster on the message boards.
Send me a message on Seeking Alpha and I will respond. The dividends are 8% but think there is at least 10% capital appreciation on all of those stocks.
No. FFO is Revenue less Expenses, but with Depreciation added back. I like AFFO better as a calculation of earnings power for a REIT.
Look at the earnings and payout of O. They pay dividends based on FFO just like other REITs do.
Is this the first REIT you have owned? Do you even understand FFO (Funds From Operations). The dividend is fully covered by FFO and the payout ratio is about 85%.
You need to go back to Investing 101 if you are going to post on REIT message boards.
While I am no longer a shareholder in the company now, it was time to take profits. Donating most of the gains to the Humane Society here in town. They can really use the money and I don't have much use for all of the funds. God bless them.
Thanks for the reminder Slaphap. I picked up a few shares last week and will be buying more on the dips. Actually, I don't really care if the investment pays monthly or not. I try to diversify with a number of securities, so I end up getting a "monthly dividend" as the companies all pay at a different time.
Well, I have been around a campfire in the past, but no Spam. You can contact me on Seeking Alpha if you have questions on Canadian REITs,
Thank you Canadian REITs for the dividends that paid for seafood on the grill tonight. Most Canadian REITs pay monthly, so it will be seafood again next month too.