5 big yields, all with upside. But I've got 1 more share to mention. With most of the earnings releases out, the charts are updated to show discounts to Q1 2022 book values. Some of these picks are extremely rare. We’re suggesting two shares I encouraged investors to dump for years.
MFA-B (MFA.PB) is offering an 8.76% stripped yield. You’re not getting that from a Treasury. MFA-C (MFA.PC) has a 7.89% stripped yield, but it could move higher. For investors who enjoy trading between the preferred shares or who simply like AGNCM (AGNCM) or NLY-G (NLY.PG), today share prices are excellent. Currently the stripped yields are at 7.84% and 7.37% respectively. For investors willing to take on a bit more risk Granite Point Mortgage Trust (GPMT) is trading at about a 38% discount to book value and 10% dividend yield. Some readers are going to say that any flaw in a company is unacceptable. They only buy stocks where they failed to find the issues. Fine, if you want an outstanding REIT, try Sun Communities (SUI).
Source: Seeking Alpha
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