IVR- Long at 9.79. Really beaten up mREIT after reverse split. I usually don't like reverse splits, but sometimes many others don't either so the selling can get over done. Down 45% since the June 6th split. Book value at April 30, 2022 was about $18.00. So selling for 54% of book as last reported. Earning per share available for distribution was $1.20 per share. (btw, all number split adjusted) I looked at institutional activity and it looks pretty good. https://fintel.io/so/us/ivr
Been paying a dividend of 90 cents a share per quarter for the last year. $3.60 a year and the stock selling here at $9.71 as I type. This is what they said on the last conference call.
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