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
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
The World Cup format brings in 32 teams from around the globe who square off until only one remains. After the first round, 16 teams are eli...
-
Legendary investor Warren Buffett is known for earning huge returns for his company Berkshire Hathaway Inc. (NYSE:BRK.B) and its shareholder...
-
The Holy Grail for income investors is finding quality companies with significant payouts that will continue to generate income over the lon...
-
In a bloated stock market, going after the hottest tickers won’t get you much in terms of yield. That’s why, for investors looking to boost ...
-
Is it possible to double your money – quickly – buying safe dividend stocks? You bet. Let me explain how… “Basic” income investors are enamo...
-
While growth stocks grab all the headlines and generate all the hype, dividend-paying stocks have handily outperformed their nonpaying peers...
-
There's been a lot for investors to like about market performance over the last decade, but there's a flip side: In a market that cl...
-
Most investors look at high-yield dividend stocks as a source of income. While they certainly provide that, what many investors probably don...
-
There is no other way to put it: The U.S. stock market seems to be losing its momentum. Year-to-date, the market has been trading mostly sid...
0 comments
Post a Comment
Post a Comment