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Replies to post #727 on Dividends

Replies to #727 on Dividends
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Dktway

03/01/06 7:11 AM

#728 RE: Celtictrader #727

Used to be a favorite of mine. But with the dropping price of natural gas and the damage sustained by Katrina no longer. A REIT I like (and posted here not too long ago)is AMC. If REITs are required to pay out a set percentage of thier income shouldn't AMC's dividend be about ready to go up? And it is already paying over 10%. Here is a snippet from yesterday's news

AMAC reported total revenues of approximately $8.2 million for the three months ended December 31, 2005, representing an increase of approximately 54.6% as compared to revenues of approximately $5.3 million for the three months ended December 31, 2004. AMAC's total revenues for the twelve months ended December 31, 2005 was approximately $36.1 million, representing an increase of 64.2% as compared to revenues of approximately $22.0 million for the twelve months ended December 31, 2004.