ARCP--time to jump?

[Kerim]

So we've got some news on this one. ARCP is now re-branded as VER, and they will be paying a quarterly dividend of $0.1375 per share starting in Q3. That works out to an annualized yield of about 6.29 percent at present prices. Stock is up slightly today, but not a big move either way on the news.

My first instinct is that I'll continue to hold, collect the divvy, and see where things go.

Here is the new website.