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iShares Mortgage Real Estate Capped ETF (REM)

BATS - BATS Delayed Price. Currency in USD
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37.60+0.30 (+0.80%)
At close: 4:00PM EDT
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  • C
    Claudio
    Is this worth my time? I’m looking for dividend income and came across REM? I’m looking for my 401k since all other ETF are flat this year with no growth which makes me look at dividend income producers. Is it worth it? I’m looking for advice. Not long term just short term 10% payday. Maybe a year or so until this stock market gets rolling again.
  • L
    LanceB
    The damage to the agency mREITs resulting from the sudden extreme decline in interest rates is now over.
    All mREITs are trading at deep discounts to book value. That has usually been a good time to buy them.
    If the COVID-19 pandemic ends sooner than many predict, non-agency mREITs could outperform mREITs.
    Diversifying between agency and non-agency mREITs, can provide higher current income along with the possibility of capital gains.
    Deciding between REM, REML or individual mREITs depends on various factors including an investor's borrowing costs and yields on cash equivalents. https://seekingalpha.com/article/4350181-factors-to-consider-rem-reml-and-individual-mreits
    The damage to the agency mREITs resulting from the sudden extreme decline in interest rates is now over. All mREITs are trading at deep discounts to book value.
    The damage to the agency mREITs resulting from the sudden extreme decline in interest rates is now over. All mREITs are trading at deep discounts to book value.
    seekingalpha.com
  • G
    Gary01
    Looking to take a fairly large position here. I am aware in is down a lot, and the charts look awful. But, I have a large position in NRZ, which cut it's dividend to nearly nothing. Just hoping to find out if the dividend here is stable. Has it been this high for a long time? Or, is it possible that it gets cut. Any comments are appreciated. Not used to buying a stock with so few posts! But, with the dividend here, It's no big deal. Hopefully, when I buy, I can induce some others to post. Is real estate all they invest in? And, more importantly, is there a possibility of a cut to the dividend? That happened with NRZ, and the stock price dropped by 2/3 when that happened. PS, I am an investor, not a trader, so I plan to own this for years, not week. Anyone here held it for any length of time? Any and all comments are welcomed! Hopefully, someone will notice my post soon. But, if not, oh well, as I will go it alone. No big hurry, as it is a while before the next ex date. But, I will buy shares well before then. Obviously, I am not the only one investing here, based on the volume. Question is, do the investors comprise of many posters on this message board! Ha
    Thanks, gang!
    Bullish
  • M
    Mr. K
    The FED and the treasury have been strongly supporting the MBS market, which has stabilized the mREIT sector after the pandemic hit. Glad that their decisively intervened . I would expect, going forward , a steeper yield curve in the future which would provide additional lift to $REM’s value and its share price....
    Bullish
  • G
    Gary01
    New Residential Investment Corp.
    Decent article describing an overview of NRZ's business model:

    New Residential: Both The 13% Dividend Common Stock And The 7.5% Preferred Are Buys https://seekingalpha.com/article/4277220?source=ansh $NRZ, $AGNC, $NLY, $REM, $NRZ.PA
    Bullish
  • B
    Bob
    The mREIT market has turned around and stabilized; in particularly, the commercial mREIT dividend yield averaged 7.7% with two of REML's major constituents, STWD and BXMT yielding 11.7% and 9.8%, respectively
  • N
    Nicholas
    2018 views on REM?
  • M
    Mark
    I know why this is down, because a bought a position yesterday! Sorry!!
  • J
    Jand
    Sometimes I drop heavy things on my feet just to know that I can still feel pain. Such is the case with why I bought REM apparently. This thing just consumes itself with dividends, it will never be in the green as far as I can tell
  • B
    Beaner
    what's going on with this today?
  • J
    Jand
    I would like to buy REM, can you tell me if it will go up or down? : ) Ha ha !
    Me like money...
  • M
    Mr. K
    $REM should benefit from a steeper yield curve that is expected to be seen and has already been exhibited in the bond market, as a result of the recent FED’s policy change with respect to their forward looking guidance on AVERAGE inflation rate at around 2% ....rather than reacting on one or more overshoot of that rate , which means that they would allow to run the economy hotter above that 2% symmetrical rate before thinking of deciding on raising the FED interest rate. This is extremely good for $REM as its holdings can make profit from having the yield curve tailing higher at the long- term edge ( I.e. steeper yield curve)
    Bullish
  • T
    Tiffany
    Do we have dividend this month? Any advise?
  • B
    Bob
    what is going on with REM? Up 300%???
  • J
    John
    Once in a lifetime buying opportunity
  • j
    jerry
    Big drop in the 4th quarter distribution from 4th quarter/17 UGH!
  • G
    Gary01
    Pretty slow board, when the last post was a week ago. Guess I'll have to do my own DD on this one.
    Bullish
  • S
    SteveK
    I think the decline is due to the rising short end of the t-bill yield curve. Many income generating products are suffering price declines - preferred ETFs, preferred Closed End Funds, Utilities and Utilities ETFs and REITs. All of these are close to 52 week lows where every other sector/industry (except agriculture,) is pushing 52 week highs.
  • j
    jerry
    Is the announce date for the distribution this week ?
  • L
    LanceB
    REM will soon declare its quarterly dividend, which will be paid at the end of September 2018. There are 33 mREITs in the REM portfolio. The table below shows each of the securities in the REM portfolio, shows the ticker, name, weight, price, ex-dividend date, dividend amount, dividend frequency, shares held in REM and contribution to the dividend from each REM component using data as of September 14, 2018.

    Most of the components declared the same dividends as they did in the prior period, A positive development is that iStar (NYSE:STAR) paid a $0.09 dividend. STAR previously was not paying any dividends. Capstead Mortgage REIT (NYSE:CMO) decreased the quarterly dividend to $0.11 from the $0.14 paid in the prior quarter. TPG RE FINANCE TRUST INC TRUST (TRTX) increased the quarterly dividend to $0.43 from the $0.42 paid in the prior quarter. ORCHID ISLAND CAPITAL INC (ORC) paid monthly dividends of $0.08. ORC was paying monthly dividends of $0.09 in July 2018. ARES COMMERCIAL REAL ESTATE REIT (ACRE) increased the quarterly dividend to $0.29 from the $0.28 paid in the prior quarter. EXANTAS CAPITAL CORP (NYSE:XAN) increased the quarterly dividend to $0.15 from the $0.10 paid in the prior quarter. REM also has close to $2 million in cash and cash-like treasury money market funds and has taken a position in Dow Jones US Real Estate futures. I have not considered any contribution to the REM dividend from the cash.

    Multiplying the shares of each component by the dividend gives a dollar amount for each component. Dividing the sum of the dividend contribution amounts by the 27,450,000 shares outstanding gives the gross dividend. Some mREITs pay monthly. To calculate the amount that a monthly-paying component pays during a quarter, the dividend is multiplied by three. Using a 0.48% annual net expense ratio reduces the quarterly dividend by $0.0587. This would imply a quarterly dividend, which will be paid at the end of September 2018 of $0.9743. On a trailing 12-month basis, the annual dividend for REM would be $4.3575. This would be a current yield of 8.9% at a price of $48.89. On a quarterly compounded basis, this is an annualized yield of 9.2%. If there is some return of capital added to the September 2018 dividend, it would be higher..."
    https://seekingalpha.com/article/4207412
    There are still reasons to hold REM and the mREITs, despite the risks of higher interest rates. Borrowing money at short-term rates and using the proceeds to pu
    There are still reasons to hold REM and the mREITs, despite the risks of higher interest rates. Borrowing money at short-term rates and using the proceeds to pu
    seekingalpha.com