FredJacob13
Dear copiers / followers It's been a hard beginning of this month The portfolio is still down from beginning this month. Recovery is not fast, but still going in the right direction. 🫸 Out is $MPW (Medical Properties Trust Inc) The earnings was not good. But what concern me more is this in their statement: The amendment includes the reduction of MPT’s revolver commitment from $1.4 billion to $1.28 billion, a permanent resetting of the facility’s consolidated net worth covenant from approximately $6.7 billion to $5.0 billion, and modifications to certain other covenants through September 30, 2025. In addition, MPT has agreed to limit the cash component of total quarterly dividends to no more than $0.08 per share. In the event that Steward’s hospital operations are transitioned to other operators more rapidly, the Company has the right to terminate the amendment provisions earlier than September 30, 2025. If I read this correctly that the dividends will be limited to 8 ct a share. 💰 The portfolio did received some dividends this week. Also from $AM (Antero Midstream Corp) and $VOD (Vodafone Group plc-ADR) . I sold these stocks after ex-date. So i do receive these dividends.... 🔭 Next week agenda: 🔸4 earnings 🔸5 ex-dates $OMF (OneMain Holdings Inc.) on Monday, 104 ct a share, yield annually 9.4 % $HTGC (Hercules Capital Inc) on Tuesday, 40 ct and 8 ct a share, yield annually 8.7 % 🔸7 pay-dates 😈 Fred 🔥 Copy - lay back - let me do the work - and earn a passive income! 🔥