Remember the dark days of 2008 and early 2009 when world markets crashed, thanks, in part, to over-speculation in something called mortgage-backed securities? While many financial firms went under, or got swallowed up on the cheap, other firms were able to capitalize on cheap, distressed asset prices and are still reaping the benefits of savvy, timely buying. This financial company's common stock yields over 10% and should have a special dividend coming in 2017. It also has a high-yield preferred stock yielding 7.6%, going ex-dividend this week, with huge coverage of over 20x. It has outperformed the market in the past month, quarter and YTD, but is still selling below book value. It has received multiple upward EPS revisions from analysts in the past 30 days.
MFA Financial (NYSE:MFA) is one of those companies which came through the storm and has continued to create value for shareholders via its high-yield dividends on both its common and preferred shares. MFA operates as an internally managed real estate investment trust (REIT) in the US. Unlike other real estate trusts, which own physical assets, such as shopping centers, healthcare facilities or office buildings, mREITs such as MFA don't usually invest in physical assets. Instead, MFA invests in residential mortgage assets, including agency and non-agency mortgage-backed securities (MBS), residential whole loans and credit risk transfer securities.
Source: Seeking Alpha
Related Articles:
- 10 Dividend Stocks Building A Growing Cash Stream
- How To Build A Sustainable High Yield Portfolio
- How To Buy Dividend Stocks At The Bottom
- 10 Stocks That Have Paid Dividends Since The 1800s
- Are You Patient Enough To Be Wealthy? These 7 Dividend Stocks Will Help You Wait
This financial company's common stock yields over 10% and should have a special dividend coming in 2017. It also has a high-yield preferred stock yielding 7.6%, going ex-dividend this week, with huge coverage of over 20x. It has outperformed the market in the past month, quarter and YTD, but is still selling below book value. It has received multiple upward EPS revisions from analysts in the past 30 days.
Posted by D4L | Wednesday, December 14, 2016 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
Investors wanting to enjoy steady and consistent income should consider dividend aristocrats. In fact, even in these chaotic times, dividend...
-
The best dividend stocks have one thing in common: resiliency. They can continue increasing their dividends even in the harshest economic en...
-
Higher dividend yields often imply that the underlying company paying the dividend has a higher risk profile. However, that's not always...
-
Dividends and diversification -- those two things can help you achieve a comfortable retirement when combined with the income you will recei...
-
It's hard to beat a sustainable, high-yield dividend paired with a beaten-down valuation. The best dividend stocks offer high yields and...
-
A select group of monthly dividend stocks pays dividends at a rate of 10% or higher. Those are the ones on this list. Investors should be aw...
-
How high is too high when it comes to dividend stocks? Of course, every income investor wants as much yield as possible. However, they also ...
-
Strange but true: seniors fear death less than running out of money in retirement. And unfortunately, even retirees who have built a nest eg...
-
When hunting for discounted investments, one excellent starting point is to look for businesses with dividend yields trading above their fiv...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.