FBRT - 10% Yields Or Higher
2024-04-18 19:56:48 ET
Summary
- Most of these shares are either floating today or will float within a year.
- We're also including a common share where the high yield and discount to book value are big enough to be quite appealing. Of course, it also carries more risk.
- We're also going to highlight one lower-risk equity REIT that I find attractive following the recent decline.
We're going to focus on a few shares for income investors.
NLY-F
The first share is Annaly Capital Management, Inc. 6.95% PFD SER F , or NLY-F ( NLY.PR.F ).
NLY-F offers investors an attractive yield at 10.66%. Shares appear to be trading above the call value of $25. However, they already have a significant amount of dividend accrual for the quarter. Consequently, the stripped price would actually be lower than $24.80....
10% Yields Or Higher