Realty Income REIT(O)
(O)
Q4
27 dage siden‧1 t. 3 min
0,26 USD/aktie
Udbytte d. 15. apr.
5,91 %
Direkte afkast
Ordredybde
Lukket
Antal
Køb
42
Sælg
Antal
100
Seneste handel
Tid | Pris | Antal | Købere | Sælgere |
---|---|---|---|---|
- | - | - | - |
Volumenvægtet gennemsnitspris
-VWAP
-Omsætning (USD)
-Mæglerstatistik
Ingen data fundet
Corporate Actions
Næste begivenhed | |
---|---|
Finanskalender er ikke tilgængelig |
Tidligere begivenheder | ||
---|---|---|
2023 Q4 | 21. feb. | |
2023 Årsregnskab | 21. feb. | |
2023 Q4 | 20. feb. | |
2023 Q3 | 7. nov. 2023 | |
2023 Q3 | 6. nov. 2023 |
Data hentes fra Morningstar, Quartr
Nyheder og Analyser
Nyheder og/eller generelle investeringsanbefalinger eller et uddrag af disse på denne side og i relaterede links er produceret og leveret af den angivne leverandør. Nordnet har ikke deltaget i udarbejdelsen af materialet, og vi har ikke gennemgået eller foretaget ændringer i materialet. Læs mere om investeringsanbefalinger.
Q4
27 dage siden‧1 t. 3 min
Nyheder og Analyser
Nyheder og/eller generelle investeringsanbefalinger eller et uddrag af disse på denne side og i relaterede links er produceret og leveret af den angivne leverandør. Nordnet har ikke deltaget i udarbejdelsen af materialet, og vi har ikke gennemgået eller foretaget ændringer i materialet. Læs mere om investeringsanbefalinger.
Corporate Actions
Næste begivenhed | |
---|---|
Finanskalender er ikke tilgængelig |
Tidligere begivenheder | ||
---|---|---|
2023 Q4 | 21. feb. | |
2023 Årsregnskab | 21. feb. | |
2023 Q4 | 20. feb. | |
2023 Q3 | 7. nov. 2023 | |
2023 Q3 | 6. nov. 2023 |
Data hentes fra Morningstar, Quartr
Shareville
Deltag i samtalen med SharevilleBliv en del af vores forum for investorer. Følg andre, og diskuter aktier og fonde.
Log ind
- Realty Income has announced an increase in the monthly dividend to $0.2570 per share, representing an annualized amount of $3.084 per share. This marks the 124th common stock monthly dividend increase since listing on the NYSE in 1994. Learn more: http://ow.ly/ojWB50KHiaV
- O is reporting earnings tonight after market close, and I dont expect much from the report. I expect a stable report without surprises, but there are some headwinds that will make it difficult for them to beat expectations. REIT’s in general are heavily reliant on access to capital in order to grow, because they are required by law to pay out at least 90% of their taxable income. This means that the retained earnings or cashflow will be low, so they will need external capital to keep growing. Especially for triple net lease reits like O, the growth is fairly simple. It comes from investment spreads, which means the cap rate that new properties are purchased at minus the cost of capital (WACC). So if they buy a property that yields 6%, and their WACC is 5%, the investment spread will be 1% which means that AFFO per share will grow. There are 3 types of capital for all reits. 1. AFFO (Usually a small amount, but it is free) 2. Debt (the cheapest form of external capital) 3. Equity (issuing new shares, which is more expensive) So in general when the stock is trading at a high price, the good management teams will issue new shares to get capital, because the cost of equity will be cheaper when the share price is high. The opposite is also true, that when the share price is low, good management teams will issue more debt to get capital because this will be the cheaper option - especially for a company like O with an investment grade balancesheet, which allows for them to access cheap debt from lenders. This is the way reits can manage their capital structure and balancesheet in a flexible manner, and use cost of equity for deleveraging when the share price is high. The share price of O have been trading between 50-58$ in the past quarter, and this is making it more difficult for them to buy new properties with a positive investment spread. This is important because the low share price means, that issuing new new shares (cost of equity) is even more expensive. The mentioned price interval gives them a cost of equity of 7.5 to 8% but their overall cost of capital (WACC) is lower because of their cheap access to debt. I expect them to make about 1-1.2% positive investment spread on their acquisitions, which would make for a low single digit AFFO per share growth. O (and all other reits) depend on a lower market interest rate to boost their growth, so I expect the multiple on reits to go up when FED starts cutting rates, which would mean a lower cost of equity for reits = higher growth. Things to look for today in the report: * Cap rates on new acquisitions and investment spreads * Changes to capital structure * Synergies with Spirit Realty * Investment outlook for 2024 (how many billions are they expecting to purchase properties for?) Growth at all costs is not good. Keeping a strong focus on quality is a much better option for the long term, so slowing down the acquisitions can make sense until rates drop and they can get better spreads.Yep. VICI is on an other level. Also WPC has CPI linked escalations on ~56% of the portfolio. Still the performance really hasn't been stellar. (I'm maeby adding on it though)
- 26. jan.26. jan.Alt det her med REITs og skat er lidt en jungle synes jeg altid folk skriver og er enig. Hvordan beskattes I, jer der ejer denne?31. jan.31. jan.Det kommer an på om man har den på aksje- og fondskonto eller på investeringskonto zero. På AF-konto: Kilde skatt 15% på utbytte. Kan kreve fradrag i norsk skatt for kildeskatt på egen skattemelding. Skattlegges for gevinst/tap ved realisasjon og utbytte ved utbetaling. På IKZ-konto: Kildeskatt på 15% på utbytte. Kan ikke kreve fradrag for kildeskatt på egen skattemelding. Utsatt beskatning for gevinst/tap, og utsatt beskatning på utbytte. Ved uttak fra IKZ blir det beregnet forholdsmessig hva gevinst/tap utgjør på kontoen og du blir skattet av dette. Se ofte stilte sp;rsm[l under Kundeservice for ,er rundt dette.
Kommentarerne ovenfor kommer fra Nordnets sociale netværk Shareville, og er ikke blevet redigeret eller gennemgået af Nordnet. Det betyder ikke, at Nordnet giver investeringsrådgivning eller investeringsanbefalinger. Nordnet påtager sig ikke noget ansvar for kommentarerne.
Q4
27 dage siden‧1 t. 3 min
0,26 USD/aktie
Udbytte d. 15. apr.
5,91 %
Direkte afkast
Nyheder og Analyser
Nyheder og/eller generelle investeringsanbefalinger eller et uddrag af disse på denne side og i relaterede links er produceret og leveret af den angivne leverandør. Nordnet har ikke deltaget i udarbejdelsen af materialet, og vi har ikke gennemgået eller foretaget ændringer i materialet. Læs mere om investeringsanbefalinger.
0,26 USD/aktie
Udbytte d. 15. apr.
5,91 %
Direkte afkast
Shareville
Deltag i samtalen med SharevilleBliv en del af vores forum for investorer. Følg andre, og diskuter aktier og fonde.
Log ind
- Realty Income has announced an increase in the monthly dividend to $0.2570 per share, representing an annualized amount of $3.084 per share. This marks the 124th common stock monthly dividend increase since listing on the NYSE in 1994. Learn more: http://ow.ly/ojWB50KHiaV
- O is reporting earnings tonight after market close, and I dont expect much from the report. I expect a stable report without surprises, but there are some headwinds that will make it difficult for them to beat expectations. REIT’s in general are heavily reliant on access to capital in order to grow, because they are required by law to pay out at least 90% of their taxable income. This means that the retained earnings or cashflow will be low, so they will need external capital to keep growing. Especially for triple net lease reits like O, the growth is fairly simple. It comes from investment spreads, which means the cap rate that new properties are purchased at minus the cost of capital (WACC). So if they buy a property that yields 6%, and their WACC is 5%, the investment spread will be 1% which means that AFFO per share will grow. There are 3 types of capital for all reits. 1. AFFO (Usually a small amount, but it is free) 2. Debt (the cheapest form of external capital) 3. Equity (issuing new shares, which is more expensive) So in general when the stock is trading at a high price, the good management teams will issue new shares to get capital, because the cost of equity will be cheaper when the share price is high. The opposite is also true, that when the share price is low, good management teams will issue more debt to get capital because this will be the cheaper option - especially for a company like O with an investment grade balancesheet, which allows for them to access cheap debt from lenders. This is the way reits can manage their capital structure and balancesheet in a flexible manner, and use cost of equity for deleveraging when the share price is high. The share price of O have been trading between 50-58$ in the past quarter, and this is making it more difficult for them to buy new properties with a positive investment spread. This is important because the low share price means, that issuing new new shares (cost of equity) is even more expensive. The mentioned price interval gives them a cost of equity of 7.5 to 8% but their overall cost of capital (WACC) is lower because of their cheap access to debt. I expect them to make about 1-1.2% positive investment spread on their acquisitions, which would make for a low single digit AFFO per share growth. O (and all other reits) depend on a lower market interest rate to boost their growth, so I expect the multiple on reits to go up when FED starts cutting rates, which would mean a lower cost of equity for reits = higher growth. Things to look for today in the report: * Cap rates on new acquisitions and investment spreads * Changes to capital structure * Synergies with Spirit Realty * Investment outlook for 2024 (how many billions are they expecting to purchase properties for?) Growth at all costs is not good. Keeping a strong focus on quality is a much better option for the long term, so slowing down the acquisitions can make sense until rates drop and they can get better spreads.Yep. VICI is on an other level. Also WPC has CPI linked escalations on ~56% of the portfolio. Still the performance really hasn't been stellar. (I'm maeby adding on it though)
- 26. jan.26. jan.Alt det her med REITs og skat er lidt en jungle synes jeg altid folk skriver og er enig. Hvordan beskattes I, jer der ejer denne?31. jan.31. jan.Det kommer an på om man har den på aksje- og fondskonto eller på investeringskonto zero. På AF-konto: Kilde skatt 15% på utbytte. Kan kreve fradrag i norsk skatt for kildeskatt på egen skattemelding. Skattlegges for gevinst/tap ved realisasjon og utbytte ved utbetaling. På IKZ-konto: Kildeskatt på 15% på utbytte. Kan ikke kreve fradrag for kildeskatt på egen skattemelding. Utsatt beskatning for gevinst/tap, og utsatt beskatning på utbytte. Ved uttak fra IKZ blir det beregnet forholdsmessig hva gevinst/tap utgjør på kontoen og du blir skattet av dette. Se ofte stilte sp;rsm[l under Kundeservice for ,er rundt dette.
Kommentarerne ovenfor kommer fra Nordnets sociale netværk Shareville, og er ikke blevet redigeret eller gennemgået af Nordnet. Det betyder ikke, at Nordnet giver investeringsrådgivning eller investeringsanbefalinger. Nordnet påtager sig ikke noget ansvar for kommentarerne.
Ordredybde
Lukket
Antal
Køb
42
Sælg
Antal
100
Seneste handel
Tid | Pris | Antal | Købere | Sælgere |
---|---|---|---|---|
- | - | - | - |
Volumenvægtet gennemsnitspris
-VWAP
-Omsætning (USD)
-Mæglerstatistik
Ingen data fundet
Corporate Actions
Næste begivenhed | |
---|---|
Finanskalender er ikke tilgængelig |
Tidligere begivenheder | ||
---|---|---|
2023 Q4 | 21. feb. | |
2023 Årsregnskab | 21. feb. | |
2023 Q4 | 20. feb. | |
2023 Q3 | 7. nov. 2023 | |
2023 Q3 | 6. nov. 2023 |
Data hentes fra Morningstar, Quartr