BRT Apartments Corp.

REITs are highly attractive now due to stable or falling interest rates and low inflation, with many offering strong yields while being undervalued. This article identifies 27 REITs yielding at least 75 basis points above the no-risk rate on Treasuries, while selling at discounts of 20% or greater to their Target Fair Value. The list is then screened for dividend safety, to eliminate sucker yields, and for stable revenues, excluding those with flat or declining FFO/share.» Mehr auf seekingalpha.com

January saw solid investment activity with $1,500 in net capital added, primarily into Business Development Companies like Owl Rock Capital, Goldman Sachs BDC, and Blackstone Secured Lending Fund. Dividend income hit a record $814 in January, up 21% Y/Y, driven by ongoing investments in high-yield BDCs, aiming for $11,000 annual net dividends. Focus on maintaining steady BDC dividends and achieving a monthly increase of $100 in dividend income.» Mehr auf seekingalpha.com

Today, I initiate coverage of BRT Apartments with a hold rating, agreeing with the Seeking Alpha quant system. This REIT could benefit from continued population growth in the US Sunbelt, where it has a diversified property portfolio across several states. Although it generates positive cashflow, which could sustain its dividend, it has not found a way to turn a profit lately.» Mehr auf seekingalpha.com