Showing posts with label IRC. Show all posts
Showing posts with label IRC. Show all posts

Saturday, May 14, 2011

REITs that Pay Dividends Monthly


I personally think that real estate has bottomed out, with the possible exception of high end single family residences. An optimal way to invest in real estate, if you think the turn-around has started, is through Real Estate Investment Trusts, also known as REITs. Almost all the income from REITs is passed through to investors to avoid double taxation, at the corporate level and at the shareholder level.

Fortunately, there are plenty of REIT specialties to choose from, including apartments, commercial buildings, personal storage units, industrial properties, government buildings, medical buildings, and mortgages.

You can buy and manage your own real estate directly, but then you lose out on many of the benefits of REITs, such as liquidity, professional management, diversification, and not having to deal with plumbing problems in the middle of the night.

Several REITs even pay dividends monthly, according the the list of monthly dividend stocks at WallStreetNewsNetwork.com. Yields range from 3% to more than 6%. The monthly dividends can provide advantages over quarterly dividends, in that the volatility is usually lower, compounding is greater if dividends are reinvested, and capital is returned more quickly.

One monthly dividend paying REIT is Inland Real Estate Corp. (IRC), which offers a yield of about 6.4%, and trades at 10 times forward earnings. This REIT owns and operates shopping centers and single-tenant retail properties in the Midwest. The company has been paying monthly dividends since 2004.

LTC Properties, Inc. (LTC) which sports a yield of 5.8% and trades at a forward PE of 13, is a long-term care real estate investment trust. This is a REIT that pays monthly dividends, and the dividend track record also dates back to 1992.

To see the list of monthly dividend REITs along with other stocks that pay high dividends on a monthly basis, go to WallStreetNewsNetwork.com. The list can be downloaded, sorted, and updated.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

Thursday, February 10, 2011

Monthly Dividend Real Estate Companies

A little over a year ago, I predicted that the bottom of the real estate market would take place in November of 2009. There were positive signs in 2010 but as I mentioned in my article, real estate is like a giant ship; it takes a long time to turn, unlike the stock market, which can turn on a dime.

If you think real estate is turning around, there are alternatives to buying a rental house. Alternatives include real estate investment trusts and closed-ended funds that invest in real estate securities. These investments can provide liquidity and income, plus you don't have to worry about being called at 2 o'clock in the morning about a leaky toilet. According to WallStreetNewsNetwork.com, there are several real estate stocks that pay dividends monthly, with yields ranging from 2.3% to 7%.

For example, Inland Real Estate Corporation (IRC), a real estate investment trust that owns and operates shopping centers and single-tenant retail properties in the Midwest, yields 6.2%. The company has been paying monthly dividends since July of 2004. The stock trades at 11 times forward earnings. It just reported lower fourth-quarter results, with funds for operations at 21 cents a share for the quarter versus 23 cents a share for the same quarter last year.

LMP Real Estate Income Fund Inc. (RIT) is an exchange traded fund that invests in various companies involved in the real estate sector. The stock provides a yield of 4.3% which is payable monthly. Dividends have been paid since 2002. The ETF trades at a price to earnings ratio of 3. The stock is currently selling below its net asset value as of year end of 11.07.

To see an Excel list of all monthly dividend stocks including real estate stocks, which can be downloaded, updated, and sorted, go to WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written,


By Stockerblog.com

Friday, April 16, 2010

Earnings Surprise Stocks (and Low Priced, Pay Dividends)

So what is an earnings surprise stock, you might ask? It is a company that has exceeded its (or missed its) earnings estimate by a certain percentage. WallStreetNewsNetwork.com has turned up a list of stocks that exceeded their estimates by more than 20%. In addition, all these stocks pay dividends and sell for less than $10 per share. Shown below is the earnings surprise, the yield, and recent price.

Cogdell Spencer Inc. (CSA) +166.67% yield: 5.01% $7.97

Bank Mutual Corporation (BKMU) +100.00% yield: 3.96% $7.17

Advance America, Cash Advance Centers (AEA) +77.78% yield: 3.81% $6.71

Cedar Shopping Centers Inc (CDR) +74.07% yield: 4.35% $7.84

EarthLink, Inc. (ELNK) +57.14% yield: 6.40% $8.64

Inland Real Estate Corporation (IRC) +45.83% yield: 5.80% $9.35

BGC Partners, Inc. (BGCP) +29.63% yield: 3.66% $6.50

Himax Technologies, Inc. (HIMX) +27.66% yield: 9.23% $3.16

Resource Capital Corp. (RSO) +21.43% yield: 14.03% $6.79

If you like interesting stock lists like this, you should check out all the lists, especially the high dividend lists, at WallStreetNewsNetwork.com.

Author does not own any of the above.

By Stockerblog.com