This REIT is internally managed and has a solid grasp of how to deal with tight spreads between MBS and treasuries. The current price to estimated Book value is around 93% to 94%. With tightening spreads, I want a larger discount to take a bullish stance. On the earnings call for Q3 2017, management stated they were using their “at the market program” efficiently to raise new capital. That means they would issue shares when they were trading at a slight premium to book value.
In my opinion, the management is some of the best in the industry. CYS Investments (CYS) is an excellent mortgage REIT. I am not bullish on the company, but the company is managed exceptionally. CYS is internally managed and the team has a solid grasp on how to deal with tight spreads between mortgaged-backed securities and treasuries.
Source: Seeking Alpha
Related Articles:
- 10 Great Dividend Stocks With 50+ Years of Consecutive Increases
- International Diversification May Be Closer than You Think
- Characteristics of Great Dividend Growth Stocks
- 8 Dividend Stocks With A 15% Yield In 15 Years
- Don't Touch These 5 Dividend Stocks!
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The Dividend Aristocrats — a prestigious group of companies in the S&P 500 that have increased their payouts for more than 25 consecutiv...
-
To be clear, no such thing as a risk-free investment. But pick the right monthly dividend stocks and you’ll probably have a higher chance of...
-
Dividend Aristocrats have a massive fan following among income investors, and for good reason: These are the only 65 stocks to have increase...
-
One amazing dividend stock to buy now is a consumer finance company with double-digit yield and triple-digit-percentage returns. It sounds t...
-
With the Energy sector up over 29% in the 1st quarter of 2021, and leading all other sectors by a wide margin, energy-related high dividend ...
-
In this article we discuss the 5 best dividend stocks to buy for consistent growth and income. If you want to read our detailed analysis of ...
-
Of all the places to invest, there may not be a more recession-proof sector than water stocks. Consumers need access to clean water for drin...
-
Looking for dividend-paying energy stocks? Pandemic-hit 2020 was a terrible time for energy stocks, with many cutting dividends and some eve...
-
With how fast the economy is booming, though, just buying stodgy companies might not hold much appeal. That’s why it’s worth taking a look a...
-
We're all going to need money in retirement, and one good way to build a fat portfolio for your future is to fill it with companies that...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.