- We've got so many exciting developments in the sector, but we'll focus in on two of them.
- One is a mortgage REIT with a massive dividend yield reporting a huge drop in book value per share, which makes their dividend yield look even more doubtful.
- Another is a mortgage REIT trading at an absolutely massive discount to trailing book value and to our latest book value estimates.
- What's special about that discount? A shareholder managed to push a proposal to liquidate into the voting for shareholders.
For further details see:
When An 18% Yield Meets A 23% Drop