RE:RE:RE:RE:RE:RE:RE:Let it growI'm a moron, APR never came to mind at all. That's my bad, it's a company I've ignored for years because when I was looking at REITs it just stayed in the 10-11 range and the dividned never moved. The fact the div doesn't hiccup is a strength in itself and if you pull more in at the low ends you do well. Just it's upside always looked limited
Yea DR switched its structure just before the pandemic and went quarterly and cut it like 75%. I feel on reopening they have room move it up a bit and will be busy with a backlog of buisness. After they report a couple earnings after the new normalization they should show well and the price likely just back to the 10-13 range and if I got in now I'd be ok with $10 which would be a 25% gain + 4% distribution that should rise.
I gotta look through some of notes and watch lists and see if I can find some more exciting plays and go back and look at old stuff I've ignored like APR, I'd say I've been suffering a little tunnel vision lately just being pleased the recovery rate in my portfolio which I can say that I've really contributed to, I've just held on. I've made a few investments and short vision trades lately but they are yet to contribute much yet...