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For the REITs, I like Newcastle ($
) & its spinoff New Residential ($
is also planning to spin off its senior housing business.
You shouldn't be neglected. So I'm agreeing. NCT, like other REITS, will do well but with greater promise due to the spinoff.
Thus I've been adding steadily, knowing it will pay off handsomely as have the two previous spins, This is a great short-term opportunity.
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Newcastle Investment Corp.
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Newcastle Investment's Series B Preferred Stock Crosses Above 9.5% Yield Territory
at TheStreet (Thu, 3:54PM)
Newcastle Investment's Series D Preferred Stock Yield Pushes Past 8.5%
at TheStreet (Thu, 2:55PM)
Newcastle Investment Series D Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon
at TheStreet (Tue, 2:20PM)
Reminder - Newcastle Investment (NCT) Goes Ex-Dividend Soon
at TheStreet (Tue, 9:59AM)
Newcastle Declares Common Stock Dividend Of $0.12 Per Share And Preferred Stock Dividends For Third Quarter 2016
at TheStreet (Oct 13, 2016)