| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 909.1 | Federal Realty Investment Trust | MSBCS::BMORRISON | | Mon Aug 28 1995 11:07 | 17 |
| I am not an expert on REIT's but I won stock in one that has
a dividend payout of about 7.7%
I've had the stock about 6 months now and it is approximately
the same price that I bought it. It might be up by about 1/2.
The Reit is Federal REalty Investment Trust (FRT) on the NYSE.
It is rated on Value line as a timeliness factor of 3 (average).
For the past 6 months it was rated 2 (above average).
The Record Date should be around September 23 if you are interested
in a dividend play.
The REIT invests in Hi Quality Strip Malls.
|
| 909.2 | | NPSS::BENZ | I'm an idiot, and I vote | Mon Aug 28 1995 19:04 | 12 |
| Thanks, Bill. What is "Value line" ? Is the info from Value line
freely available ?
My net access seems to be awry, so I can't lookup the PE for FRT.
Is there anything that prevents someone from buying in just before
dividend payout, the selling off just after ? (Or do the stock prices
usually rise gradually before, and slide gradually after ?) With
discount brokerages at $29/transaction for 1000 shares, that cuts
5.8 cents off the dividend, so that's somewhat of a disincentive.
\chuck
|
| 909.3 | | NPSS::BENZ | I'm an idiot, and I vote | Mon Aug 28 1995 19:07 | 4 |
| Oh - I see some info about "Value line" in note 114. Off to the
library.
\chuck
|
| 909.4 | Dividends | MSBCS::BMORRISON | | Tue Aug 29 1995 14:01 | 11 |
| If you hang on to the investment for a while, then the dividends add
up.
When I make a dividend play, I take money from a sale of a stock
that I had originally had bought for short term growth and buy
the dividend stock. I will hold on to it for a while and if
it doesn't grow too much and I get tired of it, I sell it after
the record date.
Have fun with the Value Line reports.
|
| 909.5 | REIT to consider | ASDG::HORTON | paving the info highway | Wed Sep 06 1995 14:50 | 10 |
| Another REIT to consider is Developers Diversified Realty (NYSE:DDR).
One of my newsletters recommended it at 30 or less.
It used to be privately held, but went public when bank financing
for real estate dried up several years back. The family that
started the company still holds a substantial stake and recently
bought more shares.
DDR is trading around 30, has a dividend payout of about 7 percent.
|