RE:RE:RE:Worthwhile to mentionJust to add to this conversation every single "diversified" stock is still well below pre flu, that I'm sure is due to the added risk some are placing to multiple sources of cashflow, for example many "diversified" reits still well below, due to the retai and office properties, pure play residential has all but nearly recovered, same can be said for other diversified stocks like DE and MOSAIC. those 2 companies still have zero dividend and quite frankly this is just a better company, pretty much every diversified REIT dividend has been chopped in half, dont get me wrong, I love the diversified reits as a value play, plenty of upside and a decent dividend for now, having said that not only do we have a great dividend here, it's barely been cut and there is upside to the share price, the financials are still very good with a great management, that stability is what keeps me here. Cheers!
Tommy123 wrote: Agreed. Many other stocks, including hard hit industries, have already almost recovered to their pre-Covid price. For example, Boston Pizza. So DIV has a lot of ground to make up this year, which it will. That being said, DIV's financials haven't deteriorated much due to Covid. For example, in today's earnings, the distributable cash per share is only 3% lower than last year (20 cents per share for the year, versus 20.5 cents in 2019). The shares should hit $3.25 later this year when they increase the dividend back up.