Resource Capital Corp. (NYSE:RSO)
A finance company that focuses on commercial real estate and commercial finance.
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value
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Unsure, either get big soon or die.
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realestate is hot for now
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A bet to profit from the various side effects of QEternety. Will only fail if QE stops which I can't see except in a total US financial system collaps which probably is still some years away.
Category: YEOTm
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it yields almost a 14% dividend
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The true value of this stock isn't how it performs on a daily basis but instead on it's consistent high dividend returns.
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its tradeing at 5.25. it has held its own
in this v. market. it should go to 5.80 this next wk
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If it cut its dividend by a third, I'd still buy it. At $4.90 it's a steal.
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I actually own this one and as long as the feds keep interest rates down I know it will do well.
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Top pick in a custom stock screen. Testing it out.
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RSO is less dependent on leverage than many other REIT's with
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Stable sustainable div
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I have had this stock for 2 years and I have recovered any losses from a dip in price by the dividends they pay.
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RSO has taken a hit in both ends of its business model (loan and CRE) and still has been paying a consistently high dividend throughout. Seems to be an undervalued high yielder to me.
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I hate any type of financial corporation (e.g., any company not producing something tangible), but I suspect that this is one ponzicorp that might pay off.
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Real life holding. @ Avg price per share $5.53
Why? Because they keep paying a better than 15% yield.
I like REIT's!
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