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Akaralph

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  • Chesapeake Granite Wash Trust - The Good, Bad, And Ugly News In Q1 Results [View article]
    You are correct, neither party has our interest at the forefront.
    May 18 11:26 AM | 1 Like Like |Link to Comment
  • Chesapeake Granite Wash Trust - The Good, Bad, And Ugly News In Q1 Results [View article]
    Don't forget all of his solar energy "babies". Events unfolding over the past week give us hope that if he is not run out of office that at least all of his initiatives will probably fail.
    May 18 11:11 AM | 1 Like Like |Link to Comment
  • 7 High Yield Dividend Stocks To Avoid And Consider This Week [View article]
    ARR is rapidly becoming the new poster child for the next mREIT collapse.
    May 17 02:12 PM | 1 Like Like |Link to Comment
  • Chesapeake Granite Wash Trust - The Good, Bad, And Ugly News In Q1 Results [View article]
    You also have to realize that $.69 of today's decline is because it trades ex-div today.
    May 17 01:52 PM | Likes Like |Link to Comment
  • Chesapeake Granite Wash Trust - The Good, Bad, And Ugly News In Q1 Results [View article]
    I do not personally believe that his customers are shorting stocks prior to his articles. However, we will never really know.

    I find it hard to believe that one individual whom is virtually unknown to the investment community has the ability to write an article on SA that has the capability to literally move a stock. Says very little for the wisdom of those who read SA articles and act based upon the article's content.

    His perspective on CHKR appears to be sound. Personally, I am coming to believe that the newer, finite-life U.S. royalty trusts are scams. I own CHKR and PER, so I can speak from my own bad experiences. Fortunately, I am in both in the mid-teens.

    The catalyst for these trusts will be events (read war) that will drive up the prices of crude, NGL's and NG. I think that in the next year or so the Middle East is going to erupt, driving oil to the $200 level and NG to double digits.

    This will result in the trusts receiving higher prices for the underlying commodities and therefore increased distributions. Unfortunately, we might not be around to receive them.
    May 17 12:39 PM | 1 Like Like |Link to Comment
  • After Dismal Earnings, 3 Hybrid REITs I Am Considering To Replace American Capital [View article]
    PMT is probably the strongest of the mREITs. Their earnings continue to provide adequate coverage of the dividend. Of course it only yields about 9%, but it carries a five-year forward CAGR of 25%.

    AGNC will pay the $1.25 dividend for the next two quarters before cutting once again.
    May 16 06:58 PM | Likes Like |Link to Comment
  • Invesco: This Nearly 13% Yielder Was Recently Upgraded And Is In The 'Buy Zone' [View article]
    Note that I mentioned "much better places to be than mREITs". I did not mention comparable dividend yields.

    I think there are many opportunities to secure 8-9% yields in the MLP sector. Also, higher yields are available with BDCs (those whose NII exceeds dividends paid). Several are double digits.

    Other than that one can look at selective CEFs such as those which are involved in covered call option strategies.

    I personally own a few royalty trusts - but not particularly happy with their performance to date.

    Hope this helps.
    May 16 02:38 PM | 2 Likes Like |Link to Comment
  • Protected Principal Retirement Strategy: Mortgage REITs - Are They Worth It? [View article]
    Sorry, I don't follow Starwood.
    May 16 12:11 PM | Likes Like |Link to Comment
  • Protected Principal Retirement Strategy: Mortgage REITs - Are They Worth It? [View article]
    Sorry, looks like Yahoo updated their earnings since I wrote the article.

    1.20 is correct. Either way, MTGE is not covering their dividend.
    May 16 12:00 PM | Likes Like |Link to Comment
  • Protected Principal Retirement Strategy: Mortgage REITs - Are They Worth It? [View article]
    Sorry, I just choose to use quarterly data.

    AGNC will continue to pay $1.25 for the next two quarters or so. At that point the dividend will probably be cut once again. Recent earnings of
    -$1.57 will take its toll.
    May 16 08:51 AM | 1 Like Like |Link to Comment
  • Invesco: This Nearly 13% Yielder Was Recently Upgraded And Is In The 'Buy Zone' [View article]
    IVR's dividend has been cut three times to its present level of $.65. Quarterly earnings were $.64.

    Much better places to be than mREITs.
    May 16 08:45 AM | 1 Like Like |Link to Comment
  • Protected Principal Retirement Strategy: Mortgage REITs - Are They Worth It? [View article]
    Thanks, I try. Unfortunately, there are a large number of "yield chasers" who think the mREITs hung the moon.
    May 15 02:27 PM | Likes Like |Link to Comment
  • Protected Principal Retirement Strategy: Mortgage REITs - Are They Worth It? [View article]
    It does spread the risk. When the mREITs are in decline why take the risk at all?
    May 15 02:10 PM | Likes Like |Link to Comment
  • Protected Principal Retirement Strategy: Mortgage REITs - Are They Worth It? [View article]
    Nope. MTGE earned $.75 this past quarter and is paying a dividend of $.90. Not too good and certainly not at all safe.
    May 15 11:42 AM | 1 Like Like |Link to Comment
  • Protected Principal Retirement Strategy: Mortgage REITs - Are They Worth It? [View article]
    It is the dividend/earnings. If a company pays $1.00/share and earnings are $1.50 the ratio is .67. The dividend is adequately covered by the earnings.

    If the dividend is $1.00 and earnings are $.50 the ratio is 2.0 and the dividend is not covered by the earnings.
    May 15 11:40 AM | Likes Like |Link to Comment
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