Replies to post #125 on Dividend investing for Retirement and other $$ Gai

[swanlinbar]

CRT
Cross Timbers Royalty Trust declares $0.1247 dividend
Cross Timbers Royalty Trust (NYSE:CRT) declares $0.1247/share monthly dividend, 15.8% increase from prior dividend of $0.1077.
Forward yield 10.32%
Payable Oct. 15; for shareholders of record Sept. 28; ex-div Sept. 27.
See CRT Dividend Scorecard, Yield Chart, & Dividend Growth.

[fung_derf]

Geez! I hope you are not buying some of the stocks you post.
I'll give you a possibly maybe now on Cross Timbers, but this LXP????
I wouldn't touch it with your 10 foot pole. The only good thing I can say about LXP is that it can't go that much lower. There is a very remote chance they turn a profit in '19.
The problem with CRT is the income floats.

[swanlinbar]

LXP out yesterday 8.27 very small gain
Expect Dividend Cut to $0.40-0.48/sh in April 2019. Execution
Risk. Watch and Wait. Maintain Sell.

• Lexington Property Trust is pulling off the band-aid with: 1) recently announced and expected office dispositions of over $1B, 2) re-investing a portion of the proceeds into industrial assets,3) de-levering, 4) possibly re-purchasing shares.

• While the merits of the strategy are obvious, the many moving pieces and overall execution risk causes us to maintain our Sell rating.

• We note that LXP is not owned by many of the REIT dedicated crowd, and is in the hands of many income oriented investors; active and passive. We are unsure as to when these shareholders become aware of the dividend adjustment and how they respond.

• While the dividend cut could push the stock lower, it could also provide LXP with an opportunity to increase their share re-purchase program