And some other options for more diversified exposure in REITS, commercial & residential, BDC (Business Development Company) that fund small scale entrepreneurs in various fields, and some MREITs thrown in for good measure:
Ticker symbol CIM, listed on NYSE.
Current price 9.12$, sitting low in its 52 week range.
Residential mortgage loans, residential mortgage-backed securities, commercial mortgage loans and real-estate related securities make up the bulk of their portfolio, with a few other asset classes thrown in the mix.
Double digit (13%), quarterly payer, with an ok-ish payout ratio(81%).
Operating income dipped on 2018 and again in 2020, macro conditions were the driving forces.
Short & long term liab…
Ticker symbold HRZN, listed on Nasdaq.
Double digit, monthly payer. Payout ratio is a bit high, a deeper look is prudent before you put your hard-earned money in.
Current price 11.59$, sitting a bit high on its 52 week range.
Operating income has been growing for the past few years.
Funds from operations were increasing in these past few years, with a dip in 2020, which is to be expected in these macro conditions.
As far as dividend history goes, it has been paying uninterrupted since 201…
Ticker Symbol ARR, listed on the NYSE.
Double digit, monthly paying residential REIT.
Current price 9.44$, sitting low on its 52 week range.
The current price might be a good entry point for the long term holder.
Funds from operations are going well, something that can’t be said for all REITs.
(REIT in ISA please
Ticker symbol KIM, listed on NYSE.
Currently at 11.62$, sitting low on its 52 week range.
Beta of 1.2, so expect ups and downs with this one.
Almost double digit dividend, distributed quarterly. Payout ratio seems borderline 90%, but for REITs and how they are taxed this might be ok, with a potential increase on the horizon.
Total assets are sitting at pre 2018 levels, funds from operations seem a bit flat but so are expenses.
(REIT in ISA please
Ticker symbol NLY, listed on NYSE.
Currently sitting at 7.02$, on about midpoint in its 52 week range.
Beta ratio of a bit over 1, so slightly more volatile than the general market.
Payout ratio seems high at first glance, but as with all things REIT related, a closer look needs to be had. Funds from operations seem to be going the right way, with a dip in 2018, with operating expenses increasing from 2015 to 2018, and from there on decreasing marginally.
A double digit dividend, distrib…
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