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Albert Alfonso

 
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  • CYS Investments Keeps Dividend Intact
    Wed, Dec. 10 CYS 1 Comment

    Summary

    • CYS declares a $0.30 per share dividend.
    • The stock has performed very well in 2014.
    • At current prices, CYS yields over 13% and trades at a 9% discount to BV.
  • Update: CYS Investments Posts An In-Line Quarter
    Tue, Oct. 21 CYS 3 Comments

    Summary

    • CYS sees a small 1.6% decline in book value for Q3 2014 to $10.14.
    • Core income plus drop income declines two pennies to $0.31 per share.
    • These results are likely due to CYS increasing its hedges during the quarter.
    • At current prices, CYS yields 13.40% and trades at a 12% discount to book value.
    • I remain bullish CYS and the mREIT sector overall due to the large yields offered and discounts to book value.
  • Update: CYS Investments Lowers The Dividend
    Wed, Sep. 10 CYS 7 Comments

    Summary

    • CYS declares a $0.30 per share quarterly dividend,.
    • This is a small decrease from last quarter’s dividend of $0.32 per share.
    • The decrease may be a result of weakening net interest margins in the MBS market.
    • I remain bullish CYS due to its large discount to book value and robust yield.
  • Update: CYS Investments Earnings - Posts A Massive Book Value Increase
    Tue, Jul. 22 CYS 12 Comments

    Summary

    • CYS Investments sees a large 7% Q/Q increase in book value for Q2 2014.
    • Core income also held steady, likely meaning no need for a dividend cut.
    • As I noted in a previous article, CYS bottomed late last year and should start trading closer to its book value of $10.31 per share.
    • I remain bullish CYS and the mREIT sector overall with a few exceptions.
  • What Went Wrong With CYS Investments?
    Sep. 9, 2013 CYS 9 Comments
  • CYS Investments: An Undervalued mREIT With A 10.8% Yield
    Apr. 18, 2013 CYS 13 Comments
  • CYS Investments Offers A 10.5% Yield And 10% Discount To Book Value
    Mar. 11, 2013 CYS 7 Comments
  • The Recent Decline In CYS Investments Is A Buying Opportunity
    Feb. 9, 2013 CYS 21 Comments
  • CYS Investments Soars 5% After Announcing A $250 Million Share Buyback Authorization
    Nov. 19, 2012 CYS Comment!
  • CYS Investments Offers A 20% Discount To Net Asset Value And A 15.4% Yield
    Nov. 15, 2012 CYS 3 Comments
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