NYMT - More Pain For High Dividend REITs
2024-02-06 10:52:21 ET
Summary
- Mortgage REITs are not buy-and-hold investments and investors who focus solely on dividends are getting burned.
- Preferred shares offer better performance and stability compared to common shares in mortgage REITs.
- Equity REITs are also being negatively impacted, with investors seeking higher yields elsewhere.
Mortgage REITs are getting hammered again. This reinforces why they are not buy-and-hold investments. There are times when you should hold onto shares for longer periods, but you still want to approach the position with a “total return” mindset. Investors who are only in this for the dividend are getting burned....
More Pain For High Dividend REITs