Seeking Alpha
All posts from Seeking Alpha
Seeking Alpha in Seeking Alpha - Read, Decide, Invest.,

Hatteras Financial: Thanks For Shorter Duration On The Swaps

Hatteras Financial (NYSE:HTS) offers investors a dividend yield over 10%, but it isn't particularly high for mREIT industry in the present environment. While mREITs do typically have strong dividend yields, the yields have been enhanced lately by weak pricing in the mREIT sector. It is normal for mREITs to trade within a relatively tight band around book value. So long as the book value is similar to the real value of the positions they are holding, that makes a great deal of…