Saturday, September 8, 2012

This monthly dividend paying REIT gives more than 10% yield

Yes.  Chasing high yields is risky business.  But with my risk appetite, I think I fall under the super high risk category - that means I can stomach great volatility in my portfolio). Anyway, I added another 200 shares of Armour Residential REIT recently.

Other monthly dividend stocks I am watching are PIMCO High Income Fund (approx 10% yield) and Cross Timbers Royalty Trust.  But with little bullets left in my pocket, perhaps all I can do is sit and watch till the opportune time comes along.

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