Gee, I need a moron to tell me that dividends are deducted from the share price. Thanks.
And what was the yield when the stock was selling for $6.90 exactly one year ago on 11/20/2012?
15.65%. So what's your point?
Guess the SP not levitating for you?
Most of these Directors have 400K shares or more. So they sell under 10K and you brand this as Insider selling? What's wrong with them taking a few bucks off the table.
In the presentation at a Merrill Lynch/Bank of America Conference, Pete Deoudes (VP-IR) responded to a questioner that the company only buy/bids on buyouts that meet their terms. So that kind of explains why they haven't had any for a while. To managements credit it appears they do a thorough financial evaluation of prospective buyouts and stay clear of overbidding as such.
I've already lost you schmuck! I've lost thousands over the past year schmuck. How about getting rid of that schmuck Zimmer and his Management Team which has raped shareholders to the tune of over $20 million in less than a year, and watched his shareholders see their dividends drop by 50% and share price drop by 45%. Keep pumping this POS and it's f@#ing Management.
"The tide is turning better for Reits?"
Tell that to NLY holders who are experiencing new lows on their shares almost daily.
I don't know why others are not giving recognition to the fact that the CEO, Kain, purchased over $1.5 million of his stock since August 1. None of the purchases were through conversion of options. He put his money where his mouth is. And BTW, his latest purchases were at $21.66. People can check the Form 4 filings for themselves.
Explain how there can be massive Insider selling when they don't own any shares? Okay schmuck, tell us how that's done.
And they don't answer emails from personal experience. But they will go all out to keep BV from depleting so their Management Fees will stay intact.
Since September, 2012, ARR's Share Price has dropped by nearly 45% from over $7.
Since September, 2012, ARR's Month Dividend has dropped 50% from .10 to .05.
Since September, 2012, ARR's Management has raked in about $21 million in Fees.
Do you think ARR's Management ripped off its Shareholders based on their Performance?
And when they cut the dividend to .04 or .03 you will be just as excited I'm sure. It's the worst performing reit which you apparently cannot get through your thick head. There's a fundamental reason why it's trading at the discount to book value that it is. Maybe you'll figure it out one day.
Other than that, this is the worst performing reit by the numbers. The only ones making money is Zimmer to the tune of over $20 million in fees over the past 9 months. The #$%$ is laughing all the way to the bank while holders suck it in.
From the CC:
"As you can see on this slide, we have collected $555 million in PIK accruals since the beginning of 2010. Over that time period, 30 portfolio companies have gone on nonaccrual status, but 41 companies have been removed from nonaccrual status. Net out-of-period net operating impact for that time frame holds a positive $41 million."
I don't know the DD management goes through to pick companies they invest in, but does 30 companies going on non-accrual the past 3 years seem like a lot?