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And raised dividend to $0.9 annually. That is little over 8% on my original purchase price.

looking at covered calls

I talked about this subject on this security in the past. So why not one more time !

There is no real incentive to do covered call on this name. Say for ex: May $22.5 covered call will at the most give you extra $0.2. Which you may very well make it in a single day move.

Options on REIT's are mostly pretty bad trades. Generally no body is expecting them to make any serious move and the premium reflects it. If you are going to do a option trade on REIT's often the best trade is buying them.
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