|Day Low/High||16.10 / 16.32|
|52 Wk Low/High||12.89 / 16.56|
Investors in Monmouth Real Estate Investment Corp saw new options become available today, for the July 21st expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MNR options chain for the new July 21st contracts and identified the following call contract of particular interest.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Monmouth Real Estate Investment Corp presently has an excellent rank, in the top 25% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
Floyd Tyler, portfolio manager of Preserver Alternative Opportunities Fund, found these picks off the beaten track.
Monmouth Real Estate is up over 40 percent so far in 2016 and the industrial REIT could have more room to run.
In trading on Tuesday, shares of Monmouth Real Estate Investment Corp's 7.625% Series A Cumulative Redeemable Preferred Stock were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.9062), with shares changing hands as low as $25.05 on the day. This compares to an average yield of 6.59% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
In trading on Thursday, shares of Monmouth Real Estate Investment Corp's 7.875% Series B Cumulative Redeemable Preferred Stock were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.9688), with shares changing hands as low as $26.08 on the day. This compares to an average yield of 6.58% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
The most recent short interest data has been released for the 07/29/2016 settlement date, which shows a 267,678 share decrease in total short interest for Monmouth Real Estate Investment Corp , to 1,031,199, a decrease of 20.61% since 07/15/2016. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
Sign up to get started or log in to see your watchlist.
Enter a symbol above to add it to your watchlist.
A confirmation email has been sent to the address provided during registration. Please click on the appropriate link to confirm your email address.