Even during the recession PHT paid a very steady divy.
This ( Feb ) is the only divy cut I am aware of.
I am going to sit back collect the divy and not worry about it, even though I'm now over weight in PHT.
Do not think they will cut divy again, so soon.PHT is getting closer to NAV.
Wish I knew what is going on, but my only guess is some institutional selling.
This should turn around, or at least be stable.
I must admit I'm some what puzzled with PHT's decent.
In the past it has always bounced back.
I bought some more today @ $12.71.
Took Slick's advise and sold some PSEC. At a loss, I might add.
Keeping extra dry powder is WISE.
A good week end and Happy Spring to all.