QUOTE(prince_mk @ Feb 9 2017, 04:55 PM)
Mortgage reits @ NYSE
Just itchy went and google the Dividend yield.
American Capital Mortgage Investment Corp 9.9%
American Capital Mortgage Investment Corp 11.2%
Annaly Capital 11.4%
Anworth Mortgage 11.6%
Blackstone Mortgage Trust Inc 7.96%
Capstead Mortgage 8.7%
Chimera Investment Corporation 11%
CYS Investments, Inc 12.7%
Dynex Capital 12.6%
Invesco Mortgage Capital 10.7%
MFA Mortgage Investments 9.9%
Pennymac Mortgage Investment Trust 11.3%
Redwood Trust 7.0%
Two Harbors Investment Corp 10.77%
Western Asset Mortgage Capital Corp 12.2%
The dividend yield is very attractive but the 5Y Net Dividend Growth could be negative. Omg.

why the dividend yield is 10%+ but the 5Y Net Dividend Growth can be negative ? Can any sifu guide me abit.
These are mortgage trust, they hold loans from
1000's and millions of house mortgage by individuals and collect interest/principal. If there are defaults, and also loan not being repaid monthly, will result in less income, less income means less dividend, lower dividend means lower price. That is why you see negative divvy growth but constant dividend.
These are more or less a REIT/trust form of CDS (Collaterised debt securities) which triggered the 2008 financial meltdown.
Be very very careful when you decide to play these mortgage trust and be sure the eye the default level. Some have much higher risk depending on their mortgage portfolio.
This post has been edited by gark: Feb 14 2017, 01:45 PM