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Re: Bernie Goldberg post# 5207

Monday, 09/30/2002 5:48:16 PM

Monday, September 30, 2002 5:48:16 PM

Post# of 47133
<<It's paying $1.50 as a dividend and it closed today at 15.70.>>

Is it really still paying that or is that just what it has paid over the last 12 months? Don't REIT's just pay out a percentage (95% I think) of net on an ongoing basis?

Edit -- Perhaps a better way to ask this might be to posit whether the current large yield is more likely an indication that the market expects the dividend (and-or the stock price) to decline in relation to the stock price?

Obviously, the COB thinks the yield looks pretty good for around $17M - $18M of his money, even though he seems to have dropped a couple million of pocket change over the last few weeks.

Troy

Troy

Those who shoot from the hip usually end up just shooting themselves.

Plan the grub and grub the plan.

Where is the party tonight? Who is bringng the drinks?

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