Replies to post #1312 on Coffee Sipping Big Board Stocks

[Bird of Prey]

Not really that unusual at all

REIT's (Real Estate Investment Trusts) typically have a high yield due to the requirement that they distribute almost all net income to the trust holders. Given the current negative environment for stocks (driving everything down regardless) and the boom/bubble in Real Estate this valuation isn't surprising.
This one is on my buy list even though there is concern about the RE bubble bursting. My take is that the resulting correction won't drop the Stock price significantly and the yield will settle out to a more "normal" 8-10%. In the meantime I can enjoy the extra income from the high yield.

The Bird of Prey
#board-381

Munsters Grub!