The stock market drop is a good opportunity to buy mortgage REITs with robust dividend coverage stats. Given this company's continued excess dividend coverage in the fourth quarter, a dividend hike in 2018 is in the cards. The REIT's shares are cheap, selling for just 7.0x Q4-2017 run-rate core earnings. An investment in the stock comes with an entry yield of 11.5 percent.
High-yield income vehicles are on sale again. Thanks to the sudden return of volatility in the last two weeks, mortgage REITs offer attractive entry points. In particular, Chimera Investment Corp. (CIM) is a promising buy on the drop. The mortgage REIT reported strong fourth quarter results, and continued its streak of significant dividend excess coverage. Shares are much more reasonably valued after the sell-off, and an investment in the mortgage REIT comes with an entry yield of 11.5 percent.
Source: Seeking Alpha
Related Articles:
- 3 Stocks Increasing Dividends Like A Champion
- The Next Great Company
- 5 Stocks With a Sustainable Dividend
- Dividend Investing + Value Investing = Superior Returns
- The Dark Side of Dividends
Dividend Growth Stocks News
- Prediction: 5 Dividend Stocks That Could Crush the S&P 500 Over the Next 10 Years - MSN - 5/21/2025
- Prediction: These 3 Monster Dividend Stocks Will Continue Crushing the S&P 500 Beyond 2025 - The Globe and Mail - 5/21/2025
- 9 Cheap Dividend Stocks (All Under $11) - MSN - 5/21/2025
- 5 Top Dividend Stocks Yielding Over 5% to Buy for Passive Income - MSN - 5/21/2025
- 3 Dividend Stocks With Yields From 3.2% To 4.9% - Yahoo Finance - 5/21/2025
- Automatic Data Processing Inc. (ADP) Dividend Stock Analysis - 5/16/2025
- Air Products and Chemicals Inc. (APD) Dividend Stock Analysis - 5/9/2025
- Waste Management, Inc. (WM) Dividend Stock Analysis - 5/2/2025
- Wal-Mart Stores, Inc. (WMT) Dividend Stock Analysis - 4/25/2025
- Abbott Laboratories (ABT) Dividend Stock Analysis - 4/18/2025
Time To Buy This 11.5%-Yielding Top-Shelf Mortgage REIT?
Posted by D4L | Tuesday, March 06, 2018 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.