2024-02-13 07:00:00 ET
Summary
- KKR Real Estate recently announced a dividend cut of 42%, raising concerns about the stability of dividend yields in the commercial mortgage REIT sector.
- Granite Point Mortgage is paying out more in dividends than it earns, making its high yield of 15.4% unsustainable.
- Ladder Capital Corp. stands out as the commercial mREIT with the lowest payout ratio, lowest average loan size, and potential for a 30% return over the next 12 months.
As you can see below, there are some very attractive dividend yields within the commercial mortgage real estate investment trust, or mREIT, sector right now....
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Ladder Capital: Cash Is King