High-Yielding REITs on the Rise as Investors Search For Yields
NEW YORK, NY / ACCESSWIRE / August 19, 2016 / Investors seeking yields in this low interest rate environment have flocked to the attractive dividends of real estate investment trusts (REITs). The Vanguard REIT Index Fund (VNQ), which is composed of stocks of publicly traded equity real estate investment trusts, has gained approximately 11.8 percent year-to-date and is up more than 8.3 percent in the past three months. Register with us now for your free membership and gain access to our REITs stock reports at: www.rdinvesting.com/subscribe-today/.
To be classified as a REIT, a company must distribute at least 90 percent of its taxable income to shareholders annually in the form of dividends, which is why they able to provide higher yields to investors than traditional fixed-income markets. Mortgage REITs make their profits by borrowing at low rates and lending in the mortgage markets at higher rates, usually by buying mortgage-backed securities.
American Capital Agency Corp. (NASDAQ: AGNC)
Get Your Up-To-Date American Capital Research Report at www.rdinvesting.com/company/AGNC.
American Capital Agency’s shares gained 0.40 percent to close at $19.87 a share Thursday. The stock traded between $19.71 and $19.88 on volume of 1.92 million shares traded. The stock appears to be facing some resistance at $19.86 and $20.07 with some support at $19.73 and $19.47. American Capital Agency currently offers investors an annualized dividend of $2.16 a share for a dividend yield of roughly 10.87 percent. Shares of American Capital Agency have gained approximately 14.6 percent year-to-date and are up roughly 3.4 percent in the past month.
ARMOUR Residential REIT, Inc. (NYSE: ARR)
Get Your Up-To-Date ARMOUR Residential Research Report at www.rdinvesting.com/company/ARR.
ARMOUR Residential’s shares gained 0.41 percent to close at $22.09 a share Thursday. The stock traded between $22.01 and $22.29 on volume of 259,334 shares traded. The stock appears to be facing some resistance at $22.13 and $22.80 with some support at $21.55 and $21.04. ARMOUR Residential REIT currently offers investors an annualized dividend of $2.64 a share for a dividend yield of roughly 11.95 percent. Shares of ARMOUR Residential REIT have gained approximately 1.5 percent year-to-date and are up roughly 7.9 percent in the past month.
Chimera Investment Corporation (NYSE: CIM)
Get Your Up-To-Date Chimera Research Report at www.rdinvesting.com/company/CIM.
Chimera’s shares gained 0.49 percent to close at $16.26 a share Thursday. The stock traded between $16.15 and $16.34 on volume of 887,440 shares traded. The stock appears to be facing some resistance at $16.39 and $16.91 with some support at $15.97 and $15.80. Chimera Investment currently offers investors an annualized dividend of $1.92 a share for a dividend yield of roughly 11.8 percent. Shares of Chimera Investment have gained approximately 19.2 percent year-to-date and are up roughly 1.0 percent in the past month.
Two Harbors Investment Corp. (NYSE: TWO)
Get Your Up-To-Date Two Harbors Research Report at www.rdinvesting.com/company/TWO.
Two Harbors Investment’s shares gained 0.11 percent to close at $8.99 a share Thursday. The stock traded between $8.94 and $9.06 on volume of 1.52 million shares traded. The stock appears to be facing some resistance at $10.89 and $10.96 with some support at $10.83 and $10.68. Two Harbors Investment currently offers investors an annualized dividend of $0.92 a share for a dividend yield of roughly 10.23 percent. Shares of Two Harbors Investment have gained approximately 11.0 percent year-to-date and are up roughly 4.8 percent in the past month.
Research Driven Investing
We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.
RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.
Disclaimer: This article is written by an independent contributor of RDInvesting.com and reviewed by Hemal K. Gandhi, a CFA® charter holder. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.
CONTACT
For any questions, inquiries, or comments reach out to us directly at:
Address:
Research Driven Investing, Unit #901 511 Avenue of the Americas, New York, NY, 10011
Email:
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: RDinvesting.com
ReleaseID: 444034