Dave's Dividends Payers

[Scotttrader80]

ORC since inception had always paid a decent dividend and always showed profitable quarters. Its a damn shame the FED has bumped up their rate hikes. Initially last year they agreed to raise rates by 1% broken down in equal parts quarterly. .25% per quarter. Then the decided to only raise rates .75%. Out of the blue theyve decided to continue with the rate hikes but have bumped up the raise from 1% to 1.5% meaning sometime in 2018 we'll see the second hike.

It means anyone with a loan will feel that squeeze. Unfortunately for mreits, that extra hike is causing Reits to no post quarterly losses. OAKS is a prime example going down the tubes.

ORC cut its healthy .18c dividend to .14 cents. Then the FED came in raising rates and ORC dropped to .11 cents now .09 cents all in a years time.

Once the FED stops dicking with the US economy I expect Monthly divy payers in the RMBS market to raise their dividends.

Its just more regulation screwing the American tax payer