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  • The Hottest Real Estate Markets On Earth

    Buying The Best Performing mREITs As Q3 Dividend Date Approaches

    Tue, 09/13/2011 - 03:40 EDT - Seeking Alpha
    • AGNC
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    • Parsimony Investment Research

    By Parsimony Investment Research:In the current low interest rate environment, investors have certainly been attracted to high-yielding mortgage REITs ("mREITS"). On average, the mREITs below are currently yielding 16.9%.While we have been long term holders of various mortgage REITs, we understand the appeal of a tactical trading strategy around the quarterly dividend dates. However, we recommend sticking with the best performing mREITs if employing this strategy.As highlighted in the chart below (click to enlarge image), Anworth Mortgage (ANH), American Capital Agency (AGNC), Capstead Mortgage (CMO) and Annaly Capital Management (NLY) have been theComplete Story »

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    • Annaly Capital Appears Undervalued

      By Parsimony Investment Research:Annaly Capital Management (NLY) recently announced its 4th quarter 2011 dividend, which is payable to common shareholders of record on December 29, 2011. As shown in the chart below, this is the second straight quarter that NLY has reduced its dividend to shareholders.

    • American Capital Agency: Levered Play on Agency Debt

      Boris Senderovich submits: American Capital Agency Corporation (AGNC) is a mortgage REIT that invests in agency securiites issues by Fannie Mae, Freddie Mac and Ginnie Mae. While I have no particular views on this segment of the mortgage market, I'd like to share my insights into the particular class of securities.

    • Comparing Mortgage REITs: The Winners And The Risks - Part 2

      By Portfolio Management 101: Due to overwhelming requests, we have decided to expand our series on "Comparing REITs: The Winners and The Risks," to encompass a greater number of mREITs in the space.

    • Comparing Mortgage REITs: The Winners And The Risks - Part 1

      By Portfolio Management 101: In an economic environment consisting of historically low rates, investors looking for income have had to expand their universe of possible investments to include non-traditional asset classes. One of these asset classes has been Real Estate Investment Trusts (REITs) and in particular, mortgage REITs (mREITs).

    • Agency REITs And Net Interest Margins

      By Jeffrey Gall:This article examines various agency REITs as broken down by net interest margin and sensitivity to interest rate changes.

    • This REIT Promises Yield And Growth Without Mortgage REIT Risk

      By Brad Thomas:What if I told you that you could buy shares in a REIT that had a nice dividend yield, lower volatility than a mortgage REIT and forty-three year track record of performance? Sounds good? No, I'm not talking about the triple net or health care REITs.What if I then told you that this sector is tied directly to housing; however, this is not a mortgage REIT. Before I answer that, let me show you a few charts.

    • Chimera's Recent Uptrend Could Peak With Its Dividend Payout

      By Zvi Bar:Chimera Investment Corp (CIM) is one of the contrarian's options amongst mortgage REIT equities, with characteristics and holdings that the market disfavored in 2011. These characteristics include its long-term holding of non-agency, private-label residential mortgage-backed securities (RMBSs), which many consider too risky to hold, given the potential for continued defaulting homeowners over the coming years.

    • Very Mixed Q3 Results From American Capital Agency - Expect A Dividend Reduction Soon

      By Tim Plaehn: American Capital Agency's (AGNC) third-quarter earnings report came in with a mixed bag of positive and

    • Annaly: 12% Dividend Yield Even After 9% Dividend Cut

      By Saibus Research:Despite the fact that Annaly Capital Management, Inc. (NLY) cut its dividend by 9% beginning its Q3 dividend distribution, it is still providing a solid 12% dividend yield to income-oriented investors. We are not surprised to see mREITs cutting per share dividend distributions to investors due to the narrowing spreads that they are realizing on mortgage portfolios.

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