NLY is doing well

[fenders53]

(06-26-2021, 07:44 PM)ChadR Wrote:

(06-25-2021, 09:19 AM)fenders53 Wrote:

(06-25-2021, 09:10 AM)ken-do-nim Wrote: Gotcha.

By law they are required to distribute about 90% of their cash flow.  I am no expert on them for sure.  I stick to the best ones as they likely survive the next real estate calamity or interest rate spike.  The good ones are somewhat of a hedge against your regular equity holdings as long as you don't over pay for your REITs.

They have to distribute 90% of their taxable income.  With depreciation, taxable income is very different from their cash flow.

Told you I wasn't an expert.