WHLRD - Wheeler REIT: Profiting From A Dividend Suspension
Wheeler REIT (WHLR) is a case study in how not to operate a REIT. In just a little over 6 years, common shareholders have seen their value utterly destroyed. Here is a look at the total return of a $10,000 investment at IPO.
Data by YChartsIncluding dividends received, an investor in the common shares would have $636 to show for $10,000 and 6 years. The return would be materially worse if dividends were dripped or reinvested.
Each step of the way, investors were tempted by the dividend and a turnaround story. After