i have looked at a couple of REIT's in yahoo stock screener and under dividend yeild it will show N/A my question is if a REIT is required by law to distrubute 90% of their taxable income to the shareholders then how can they not have dividends?
2007-02-10 04:41:02 · 5 answers · asked by wylted 3 in Business & Finance ➔ Investing
Either Yahoo's doesn't have the information or thre company is not earning money. Here is a portfolio of my favorite REITs:
http://www.top10traders.com/ViewPortfolio.aspx?userID=565
This is from http://www.top10traders.com - a great site for learning and practicing investing.
2007-02-10 09:39:36 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Yes, they are required to distribute 90% of earnings as dividend but there's two possibilities here with respect to what Yahoo Finance is showing. One, maybe the REIT doesn't actually have income. They could maybe get there with leverage and loan interest expenses. Secondly, it's possible that Yahoo Finance is not getting all the filings from the REIT. The more I think about it, the more I suspect it's the former - the REIT is in fact not earning anything after expenses. The REITs I own all show positive dividend amounts.
You can probably settle the issue by clicking on the Profile link for the company in Yahoo Finance and then clicking on the Home Page link towards the bottom of that page.
2007-02-10 04:52:10 · answer #2 · answered by Anonymous · 0⤊ 0⤋
That usually just means Yahoo doesn't have the info for the REIT in question.
2007-02-10 04:49:10 · answer #3 · answered by angrysandwichguy2000 3 · 0⤊ 0⤋
Yahoo is lousy at figures. The dividend-stock price ratio probably hasn't changed yet. Look under the historical dividends to get an idea. Go to barchart.com and it will tell you the annual dividend amount.
2007-02-10 12:19:24 · answer #4 · answered by gregory_dittman 7 · 0⤊ 0⤋
REITS do pay out dividends. The REIT fund I own pays them out once a year!
2007-02-10 04:45:27 · answer #5 · answered by traderb550 3 · 0⤊ 0⤋