Realty Income: Analyzing The Dividend Darling

Feb 24, 2018 | Analysis, Dividends

Realty Income (O) has just reported earnings and it has caught our attention today. We have discussed in great detail why you should strongly consider this darling monthly dividend paying REIT. That said, the name has been absolutely battered in the last few months:...

Armour Residential REIT Dividend Coverage

Feb 23, 2018 | Analysis, Dividends

ARMOUR Residential REIT (NYSE:ARR) has just reported earnings and it was another mixed report. In this column we discuss ARMOUR Residential REIT dividend coverage. We have had a tumultuous relationship with this company and the stock. We were previously of the opinion...

CYS Investments: A Look Under The Hood

Feb 21, 2018 | Analysis, Dividends

In this column, we discuss CYS Investments (CYS) which recently reported earnings. In this piece we take a look under the hood and hone in on 3 critical metrics. First, we look at prepayments, which hurt net interest rate spreads and subsequently net interest income....

Kimco: What to do

Feb 15, 2018 | Analysis, Earnings

Kimco (KIM) is a dividend paying stock that we have been following for some time. Like most other REITs exposed to the retail sector, Kimco’s stock performance in 2017 was poor, and the poor performance has continued in 2018. The stock was recently below $14,...

Two Harbors: Book Value Bingo!

Feb 8, 2018 | Analysis

One of the key elements of our bullish thesis on TWO Harbors (TWO) beyond dividend coverage is buying when the stock is at a discount-to-book. Here is the thing. With interest rates rising, all REITs have been sold off hard. TWO has been no exception. While short-term...