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Equity Commonwealth (EQC)

NYSE - NYSE Delayed Price. Currency in USD
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24.36+0.13 (+0.54%)
At close: 04:00PM EDT
24.36 0.00 (0.00%)
After hours: 04:49PM EDT
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  • d
    david
    I would actually vote against this merger as a Monmouth owner, I have had this stock since it was 5.50 per share, and have reinvested dividends for over 20 years.
    Not only has the price of he stock risen, but with the dividends, it has been one of my favorite stocks that I own. After researching this company, I just do not see the same growth possibilities, unless something changes after his merger.
  • J
    John
    Book value about 25.65 and it was announced May 5th EQC taking over MNR. MNR is a high quality company. Result will be a high quality realestate company. I think EQC will start paying a cash dividend after the merger. Overall, good for both companies. Sam Zell is top quality.
    Bullish
  • A
    Anonymous
    Cash In The Bank Is Almost Equal To Market Cap.???????????? No Debt.
  • l
    leon
    What is happening to this year dividend?
  • t
    too good
    Distribute $25 cash per ahare and liquidate....Stop chasing this. Im a NO vote on "merger"!
  • A
    Anonymous
    Three Billion In Cash And Market Cap Of 3.2 Billion???????????????????????????????
  • e
    everett
    Thanks for the $3.50 per share dividend!!
    Keep up the good work EQC.
  • A
    Anonymous
    Price Went Down To Reflect Big Dividend Being Paid To Holders As Of 10/07?
  • b
    bill
    on a recent interview zell said he thinks office will recover faster than retail. wonder if might pivot back to office?
    Neutral
  • A
    Anonymous
    Good Deal!
  • e
    everett
    Looks like no Special Dividend this year unless they declare during earnings?
  • t
    too good
    With $3 billion in cash, no debt to grow mnr portfolio!!! Zell is soooo good, and trusted!
  • t
    too good
    zell is in a win-win position, as usual...If MNR votes against merger,EQC gets $72M ($1 a Eqc per share) as break-up fee. GO SAM!
  • T
    Tal
    Equity Commonwealth buying Monmouth is a good deal for shareholders of both companies. It allows EQC to complete the transition from office properties to industrial properties and deploy their $3 billion of cash. EQC will be able to use their cash to add buildings and parking lots to existing land that Monmouth owns, payoff Monmouth's preferred shares and invest in new industrial properties through Monmouth's connections to builders of new industrial buildings. Monmouth's shareholders get to share in the upside of the merged companies instead of getting a one-time cash payment and not have anymore upside. With leverage and all of EQC's cash used in new deals, this company will likely generate a significantly higher dividend yield than Monmouth has now if the shares don't go up value. What will likely happen is that the shares will rise as the dividend eventually rises over the next four years or so.
  • t
    too good
    Let it go Sam and collect $62M. Let Sternlich pay top of the market cash price.
    Bullish
  • b
    bill
    Interesting thoughts from Whitney Tilson's email today regarding Sam Zell and inflation.

    I am a big fan of Sam Zell. The guy has the nickname the "Grave Dancer," as for decades he has been a buyer of distressed properties and made billions. According to this Bloomberg article, Sam Zell is seeing inflation everywhere, and has bought gold as a hedge – something he says he used to knock others for doing.

    "Obviously one of the natural reactions is to buy gold," he said in a Bloomberg Television interview. "It feels very funny because I've spent my career talking about why would you want to own gold? It has no income, it costs to store. And yet, when you see the debasement of the currency, you say, what am I going to hold on to?"

    Zell, 79, said he's concerned not only about the U.S. dollar but other countries printing money as well, and questioned whether inflation will be transitory, as Federal Reserve Chairman Jerome Powell indicated last week. "Oh boy, we're seeing it all over the place," Zell said of inflation. "You read about lumber prices, but we're seeing it in all of our businesses. The obvious bottlenecks in the supply chain arena are pushing up prices. It's very reminiscent of the '70s."

    So Sam's worried about inflation and EQC is buying MNR. Interesting
  • A
    Anonymous
    Sam Is A Pretty Good Chess Player. We Will See What His Next Move Is!
  • e
    everett
    Hope to see another dividend in the next week.
    Lots of cash to reward long time investors.
    Neutral
  • A
    Anonymous
    3 Billion In Cash And 275Million In Debt. They Are Going To Buy Something?
  • A
    Anonymous
    More Cash Than Total Market Cap. And Very Low Debt?
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