The Ticker
REITs benefiting from Fed's interest rate policy
3/13/13 1:09pm
For investors looking for stocks with low price ratios that are trading at near or below book value, take a gander at mortgage real estate investment trusts.
Capstead Mortgage Company [stock CMO][/stock] Capstead is priced at just 82% of book value. The dividend payout is 9.45%. The P/E is just 9. CMO traded at 10.50 around Thanksgiving — now it’s at 12.70.
