Dividend Announcement Thread!

[hendi_alex]

January 5th I dumped my Realty Income shares at $49.33, capturing a 30%+ capital gain, figuring that settling for an under 5% yield for a REIT is beyond ridiculous. Don't regret selling, but the current price shows that the market is willing to push ridiculous to almost unimaginable places. I'll rebuy O sometime when its yield moves north of 5% again, but may wait on 6% or better yield before taking a fresh plunge. My earliest entry point will be somewhere south of $44 but will perhaps wait for south of $40. When that time comes, the prices will likely come crashing down very quickly, as REIT prices are so strongly affected by Fed rate increases.