Savvy Trades and Investments

[Nigel Boid]

NRZ

Congrats! $NRZ is one of the few mREITs to raise dividend this quarter. Especially with half the competition in the sector imploding, I appreciate a company which can navigate current volatility.

Looks like $NRZ will edge out $NYMT in total performance by a few percentage points by the end of the year (since 2014-09-05).

$NYMT recently completed a wildly successful offering. Itg brought in new funds much above book value and diluted mandated distributions. $NYMT thus kept the dividend the same. I felt it was a wise and timely move.

I'll continue to track both. I am glad to see $NRZ break out of the rut from previous months, and I am definitely warming up to it.

What's your feeling on whether and when $NRZ may offer more shares? I don't think they had an offering since being spun off. Did they?