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$, sitting low in its 52 week range.
Residential mortgage loans, residential mortgage-backed securities, commercial mortgage loans and real-estate related securities make up the bulk of their portfolio, with a few other asset classes thrown in the mix.
Double digit (13%), quarterly payer, with an ok-ish payout ratio(81%).
Operating income dipped on 2018 and again in 2020, macro conditions were the driving forces.
Short & long term liabβ¦
Ticker symbold HRZN, listed on Nasdaq.
Double digit, monthly payer. Payout ratio is a bit high, a deeper look is prudent before you put your hard-earned money in.
Current price 11.59$, 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 201β¦
Ticker Symbol ARR, listed on the NYSE.
Double digit, monthly paying residential REIT.
Current price 9.44$, sitting low on its 52 week range.
The current price might be a good entry point for the long term holder.
Funds from operations are going well, something that canβt be said for all REITs.
(REIT in ISA please )
Ticker symbol KIM, listed on NYSE.
Currently at 11.62$, 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 )
As always, DYOR (Do Your Own β¦
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, distribβ¦
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