Wednesday, August 09, 2006

REIT 1: AFR

Looking at AFR, an REIT, the first thing that caught my eyes was the 9.4% dividend. Then I looked at the 5-year graph, which looks rather predictable.



If I bought it in Jan 05 at $16, and sold it at $12 in Jan 06, the dividend had better be greater than 25%. I wonder what the deal is with this REIT.

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