Wednesday, September 18, 2013

These New High-Yield REITs are Currently a Bargain: ORC, BMNM, OAKS, JMI

REITs have been taking a beating for the past year…

Annaly Capital Management, Inc. (NYSE: NLY), which is considered by many to be a proxy for the REIT sector, has lost about one third of its market value since September 2012.
Investors in Annaly who’ve endured those losses will need more than two years of its 15.31% dividend yield to break even. (more)

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