RE:RE:RE:RE:WHERE DO REITS GO FROM HERE?It looks like you are bullish on this stock. do you see any possibility of dividend cut. and how much ? Even if dividend is cut by half , it will yield close to 8% - much better than interest on saving account. If stock recovers and trades at $12 in 2 years , will provide annual return of roughly 25 % . Lower interest rates should be tailwind for REITs as investors look for relatively stable and higher return. Target price $12 in 2 years overly optimistic?
Thanks,
shirtlessagain wrote: my timeline is far beyond that, when I got in here I was happy to finally be a shareholder here at a deep discount rate, i'm going to hold, why not? good income and a ton of upside, 2 months you would selling yourself short unless your just into a flip on it, remember the virus can impact businesses and income while its in play, however the virus CANT impact the real property part, it is there it will remain there nothing has or will change that. naturally no one wants to lose a good tenant or see someone lose their job or business but the show will go on, in fact i'm sure the interest rate factor will even benefit us. ........