The 250m only replaced the 250m they redeemed just prior to the new issue. The new 250m is for a longer term and 1.5/8% lower in price
Its beyond that,at best they will make 1.80 in ffo and they are trading at 26 even without a dividend. At some point the losers will wake up and figure out they are being scammed by CORVEX and Zell.
As you say the properties sold will be Corvex's piggy bank
As per VGR the cash portion will be between 5 to 25% of the total div and they will have exact numbers by the end of SEPT. The remaining portion is a return of capital which lowers your cost basis when you sell shares.
If you have different info quote the source,mine is from VGR'S website
Somedays you can't win,I had an issue that I wanted to sell which I did and I was going to buy another 1,000 shares of NTI with the proceeds. Needless to say the stock has been under pressure at days end so I but in a buy at mid day for 25.15,ten cents above yesterdays close and only a few cents below the market at the time.What happens instead of tanking at days end it continues on the way up,murphys law wins again
If you are only using Yahidiot stats it won't be found,all brokerage accounts list all filings. I use a discount brokerage(td waterhouse) and they list all SEC
lennyman,Not true,in a normal split,say 2 for 1 the div goes down 50% along with the share price. This is a stock div not a split,granted the share price goes down 5% but that is true with all cash divs as well.
They might be but I can't pull the buy trigger,they(cvrr) don't tell all,next quarter could be another excuse or it could be lights out. I also don't like a major shareholder being in the stock,if they decide to sell and you are screwed
It has made a decent comeback,now it has to produce
jpc,the div was 1.50 per year in 2007 and it traded for 22.00 plus during that year. They were no better,maybe worse than most. They gave back many properties to the bank back then and they couldn't borrow in the unsecured debt market. They have improved but as of today they still have properties that are going back to the bankers,sad way to keep occupancy looking good
Start with the false climate change regs,then go to new regs on coal in the name of climate change and when you are done there find me some climate change. Tree huggers don't belong investing or even posting on a site pertaining to fossil fuels. If you have a position in NTI you are a hypocrite at best
My guess is that 90% of the newly employed are a direct result of companies being forced to replace boomers,obozo and his policies are wrecking this country. Between obozocare,epa regs,new financial regs and amnesty for all we are screwed