+ Watch NRO
on My Watchlist
A closed-end company
discount to NAV, real estate coming back slowly, and a dividend.
Rebound in real estate in the coming years should boost the price of this close end fund.
Solid numbers, stable considering market. Purchased/Controlled by management is a good sign of companies internal health.Stock pays out and has old market connection since 1939.Only risk big risk is market stability in general. Shooting for $16 by 6/2010.
This is one of the survivors of the real estate downturns....A solid 21% dividend with a good daily volumn as well as a heafty Market cap. Another low-priced stock that could easily double within a year..
The worst is over for this Closed End Fund.
attention: if they can keep this dividend going in 3-10 years your will be very rich.. i see underperform for 6 months-2years does anyone know how they keep up the dividend payment,
Neuberger Berman Real Estate Securities Income Fund Inc. (NRO). Pays about a 17 percent dividend and invests in commercial properties. It has government leases also. It is beaten way down now. Buy now, get price appreciation, and invest your dividends to increase your holdings. Invest in NRO to build a position, then in other companies.
Love the future and their bottom line planning infrastructure
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