Post by
RusticHit on Feb 16, 2023 11:20am
10% yield
Over 10% yield after cut not bad to buy here will go to 4 bucks easy once these loser bag holder sellers are done selling
Comment by
bcsc on Feb 16, 2023 11:40am
The distribution was cut to $.016 annually. At today's price that is a yield of 4.3% Not sure where or how you arrive at 10% yeild.
Comment by
bcsc on Feb 16, 2023 11:44am
Sorry typo, misplaced decimal, annual distribution is $0.16. Yield is correct at 4.3%
Comment by
ashcake on Feb 16, 2023 2:58pm
Yahoo hasn't been updated....4.3% yield. Wouldn't be surprised top see it cut further. Loss of confidence isn management 5.75% debentures trrading poorly with large sell sisde orders. I have sold my position taken large loss but I beleive i can make it back in opther reits with strong balance sheets les risk