Annaly Capital Management, Inc. ( NLY ) announced that it has put forth a proposal to acquire CreXus Investment Corp ( CXS ). The proposal states that Annaly would purchase with cash the remaining outstanding stock of CreXus that is does not already own. Annaly currently owns about 12.4% (9.5 million) of the 76.6 million …
Shares of high yielding REITs have been relatively flat in August. The Vanguard REIT ETF (VNQ), which tracks the performance of an index that measures the performance of publicly traded equity REITs, is up over 14 percent this year, nearly double the Dow Jones gain of 8 percent over the same period. Investors have looked …
The following table displays stocks with a high dividend yield of 10% or more. These stocks are rated bullish or very bullish by their equity summary scores. The complete list includes PZN, CXS, NYMT, ANH, DX, PMT, ARI, and NCT. The top 3 yielding stocks are profiled below. Pzena Investment Management, Inc. (PZN) is a …
Crexus Investment Corp. (CXS) operates as a specialty finance company in the United States. It acquires, manages, and finances commercial mortgage loans and commercial real estate debts, commercial mortgage-backed securities, and other commercial real estate-related assets. The principal business objective is to provide attractive risk-adjusted returns to investors over the long-term, primarily through dividends and secondarily …
Attractive Returns to Continue, Prefer Non-Agency REITs Prefer non-Agency: Heading into 2012 we think that the hybrid/non-Agency REITs generally offer more attractive value with the potential for more capital appreciation plus a more stable dividend outlook given the attractive reinvestment environment. TWO remains top pick: Against this framework Two Harbors remains our top pick among …
With so investors seeking high yield, it’s important for income investors to find dependable high yield dividend payers that they can count on. With projections for a slower growth economy amid historically low interest rates, it’s now more important than ever to find these solid dividend paying companies as there are fewer places to turn to …
With so many companies being affected by the financial crisis, it’s important for income investors to find dependable dividend payers that they can count on. With projections for a slower growth economy amid historically low interest rates, it’s now more important than ever to find these solid dividend paying companies as there are fewer places …
