Seeking Alpha

MFA Financial (MFA +1.3%) puts in a healthy gain despite cutting its dividend $0.01 to...

MFA Financial (MFA +1.3%) puts in a healthy gain despite cutting its dividend $0.01 to $0.23/share, an annualized yield of 11.7%. Perhaps the company is benefiting from comparison to the struggles of another hybrid mREIT (invests in non-agency as well as agency MBS), Chimera (CIM). (PR)
From other sites
Comments (2)
  • Sacristan
    , contributor
    Comments (55) | Send Message
    Despite negative reports on Chimera my long portfolio Goldbug100 has not lost faith in this stock
    27 Jun 2012, 03:41 PM Reply Like
  • Brian Bobbitt
    , contributor
    Comments (2068) | Send Message
    I too, agree, BUT can you see that putting the balance of the proceeds from the sale of CIM into another similar stock, with fewer warts may be a little safer, and perhaps more profitable. USUALLY in a few sessions, CIM recovers after Ex date. Do you suspect it will this time. I think so, being that the dance their price does even after dividend cuts reacts to the upside after the normal fall on ex date.
    Time to buy CIM for a day trade perhaps and even for those of you who really got hosed, go look at the charts and see the price action post ex date.


    Just hummin' along, don't really mean anything by it.


    Capt. Brian
    The Lost Navigator.


    27 Jun 2012, 05:53 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs