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home / news releases / CLPR - Clipper Realty: High Yield But You Could Be Ignored

CLPR - Clipper Realty: High Yield But You Could Be Ignored

Clipper Realty Inc.

2024-05-29 03:18:23 ET

Summary

  • Clipper Realty's stock is currently trading at an all-time low and a 10% yield with no history of dividend cuts.
  • With ten properties in Manhattan and Brooklyn, it's good real estate, but refinancing at higher interest rates could squeeze the cash flow too much.
  • Crucially, management is not bound by anti-competitive agreements, and their best ideas may not go to CLPR.

Since going public in 2017, Clipper Realty ( CLPR ) currently trades at an all-time low....

For further details see:

Clipper Realty: High Yield, But You Could Be Ignored
Stock Information
Company Name: Clipper Realty Inc.
Stock Symbol: CLPR
Market: NYSE
Website: clipperrealty.com
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