Grant’s: Mortgage Real Estate Investment Trusts Offer Value
Income investors love high-yield stocks while value investors are always on the look-out for companies trading below book value. It's rare that you find a stock that's trading at a discount to book but at the same time offers an attractive, sustainable dividend yield.
However, according to Grant's, mortgage real estate investment trusts present such an opportunity. In a piece titled "12% goes begging" published in last week's issue, Grant's laid out the opportunity on offer at mREITs, namely the hefty double-digit . . .
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