Including distributions I don't think I gained much more than the value of the distributions themselves plus a couple of dollars per share in appreciation.
The trader side of me can't quite accept a limiting distribution as the sole profit-maker. Discounting the three IRA's I manage for my wife and me---accounts deliberately conservative for obvious reasons, my primary account is a general account. This account generated a 56% gain for all of 2017. Even including the year's results of those IRAs, my overall gain comes to 36.5%. LADR, then, would be enriching me by less than a quarter of even my IRA production gains! That's deplorable!
My cost basis in LADR had been $11.39. The close of today now stands about $2 above that. The only good thing in this is the 9.3% dividend aspect.
That's an awfully low-pitched standard. After all, I'm in a number of other plays with superior distribution bases yet the real gain lies in the compression factor in that the other picks are all showing massive upside, already accumulated and showing no relaxation. Thus it is that I continue beefing up positions.
LADR may become a good play for those more prepared to submit to a passive role in terms of income foraging but it's not for me as I crave more impressive results. After all, I have to live on my results.
]Still, I wish everybody a great year while hoping LADR prospers and finds itself able to increase quarterly payments.
Recent LADR News
- Ladder Capital Corp Announces Third Quarter 2024 Dividend to Holders of Class A Common Stock • Business Wire • 09/13/2024 12:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/25/2024 12:30:10 PM
- Ladder Capital Corp Reports Results for the Quarter Ended June 30, 2024 • Business Wire • 07/25/2024 12:30:00 PM
- Ladder Capital Corp to Report Second Quarter 2024 Results • Business Wire • 07/18/2024 12:15:00 PM
- Ladder Announces Pricing of $500 Million Senior Notes Offering • Business Wire • 06/20/2024 09:30:00 PM
- Ladder Capital Corp Announces Second Quarter 2024 Dividend to Holders of Class A Common Stock • Business Wire • 06/14/2024 12:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/07/2024 08:30:12 PM
- Ladder Capital Corp Reports Results for the Quarter Ended March 31, 2024 • Business Wire • 04/25/2024 12:30:00 PM
- Ladder Capital Corp to Report First Quarter 2024 Results • Business Wire • 04/18/2024 12:15:00 PM
- Ladder Capital Corp Announces First Quarter 2024 Dividend to Holders of Class A Common Stock • Business Wire • 03/15/2024 12:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 09:14:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 09:11:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 09:05:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 10:06:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 10:05:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 10:03:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 10:02:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 10:00:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 09:59:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 09:56:15 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/12/2024 02:28:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/09/2024 09:11:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/09/2024 09:09:50 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/09/2024 09:07:58 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/08/2024 01:30:27 PM
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