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.
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
There’s nothing more satisfying that getting money for doing nothing. That’s why dividend stocks hold so much appeal for portfolios. Many of...
-
We've broadened our search to the S&P 500, and also found two high-dividend stocks among the dividend yield leaders of that larger i...
-
Dividend stocks can be a great source of passive income. Not only do they deliver cash into your brokerage account on a recurring basis, but...
-
I believe in dividend growth investing and consider holding strong companies will help me going through any stock market storm. I believe di...
-
Generally speaking, the higher the yield, the higher the risk involved. Since yield is a function of share price, a failing business model w...
-
If you are retired, you have likely shifted from building your nest egg to living off your assets. That means you probably gravitate toward ...
-
With bond rates already low and the Fed hinting at rate decreases, dividend stocks are in high demand these days, as alternatives in the fix...
-
What kind of income-generating assets make the most sense? Obviously, those that appear undervalued with respect to the basket/group of stoc...
-
Warren Buffett famously quipped that if you aren't willing to own a stock for 10 years, you shouldn't think about owning it for 10 m...
-
REITs are reporting higher revenue and earnings so far for the quarter. But one of the specific metrics for profitability comes from the rat...
0 comments
Post a Comment
Post a Comment