+ Watch CIM
on My Watchlist
REITs aren't going to do well in the next few years, but it also means for long-term investors it's a great time to buy into the market. This one wouldn't be my choice in either the short-term, or long-term.
Now's a rough time to be an REIT...
Housing will continue to rise
Yield and speculation. Personally I think this is the dawn of the financials.
Should be good until interest rates pick up
Ultralong Picked CMI.So let it be writenSo let it be told.6
Based on firm commitment on payment of dividend for next 2 quarters, I feel, the stock will out perform.
at least the US real estate is bumping along at the bottom & interest rate will stay low for the next 18 mo.
Update: http://wiki.fool.com/The_Graham_Number Formula: Fair value=Sqrt(22.5*EPS*BV) I expanded it a little by also using EPS Normalized and Tangible BV My current Graham Number Valuation Range for CIM: $6.19 to $6.97Figures derived from current Scottrade research data And also being a REIT paying a 14.29% current divi yield, I'm keeping this pick open for a little while longer.
15% dividend yield, housing recovery
Bernanke's promise to keep interest rates low for another 2 years virtually guarantees CIM operations will continue at their current level, and they MUST distribute the majority of their profits. Plus, the great dividend yield makes it attractive to many conservative investors,
I just Believe that this infallible company can do great things in the near future.
Surely a 15% dividend yield will beat the market over 5 years. Question is will the company be able to sustain the dividend. Dividend play
use this for a dividend play.
Pure dividend play
Trading at a discount to NAV
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