We've got a great opportunity for investors to earn over 7% with low risk and a high probability of a dividend increase later this year. There are plenty of attractive opportunities in the sector now as share prices fell much harder than book value, for some REITs. There are a few choices where share prices are down, but book value is also getting crushed. You've got to pick your spots. We'll also include one share you can steer away from today.
We're back to talking about some preferred shares. Somebody tell me how NLY-F (NLY.PF) isn't a great deal. I'll start by telling you why it is a great deal. At $23.93, NLY-F offers a massive 18.1% yield to call (annualized). So if you get called, boo-hoo. It's a capital gain of $1.07 plus current dividend accrual of $.24 and the extra dividend that would accrue before 9/30/2022 (the first callable date). The stripped yield is 7.33%, which is pretty good for a relatively low risk share.
Source: Seeking Alpha
Related Articles:
________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
In an attempt to put a lid on inflation, the Federal Reserve has stated that it intends to raise its benchmark federal-funds rate by 0.25% a...
-
If you have contemplated selling shares of some of the companies you own this year, you likely aren't alone. Considering how volatile th...
-
Dividend Kings, stocks with at least 50 consecutive years of dividend growth, are favorites of many income investors. High-dividend yields c...
-
Dividend growth stocks are among our favorite investment groups because you get so much bang for your buck. Not only do the companies pay di...
-
Readers may want to do a stock valuation on the stocks in their favorite sectors and wait patiently until they become cheap. Patience is a v...
-
This is a clear recipe for investors to follow, and will lead us quite naturally to two recent stock recommendations from Morgan Stanley’s a...
-
Dividend utility stocks might seem bad for your portfolio during high inflation and rising interest rates. However, the sector has done well...
-
Companies that have either been through past downturns or have the pricing power to offset the costs of inflation provide a crucial element ...
-
Dividend reinvestment plans, or DRIPs, can be effective ways to accumulate shares of high-quality companies for those with limited capital t...
-
Do you have the stomach for contrarian investing - betting against the crowd? Sometimes that's necessary in order to find value. Why buy...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.