RE:RE:Screaming Buy - Loss of sector interestI appreciate your comments but it seems to me that with the dividend yeild 11.7% they could easily cut but they don't need to because their payout rates are reasonable.
Also if you look at the debt maturity and their current cost of debt it is very reasonable.
My thinking is this, they are not feeling a compelling need to cut the dividends, and their debt ratio is really really low, likely the lowest among all the Reits. I think it around 35.9%, Interest coverage 2.6X.
I think they should opportunisticly gain some liquidity and buy back shares.
MHP
IMHO