Skip to main content
No. of Recommendations: 7

I don't know much about MNR but I have owned the preferreds from time to time.

Without doing any research other than simply looking at the dividend history since 2005 (dead flat at $0.15/Q), I have to ask why would I want to take common stock risk for a 6% yield in a common stock that has shown ZERO dividend growth for a full decade and anemic at best dividend growth for many years before 2005.

This REIT screams under-performer. Unless my research tells me that the REIT is going to change its character and show very good dividend growth going forward, I would rather own a preferred yielding 6% anyday.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.