A main benefit of preferreds is that they
pay sizable dividends, with most paying a fixed amount on a quarterly basis.
Historically, REIT share prices have not been known to soar, but they have performed well in providing steady,
sizable dividend payments.
It seems everyone is favoring large cap companies with solid balance sheets, lots of international exposure, and often ones that pay
a sizable dividend.
On 10/2/10, I highlighted some concerns I had with Integrys Energy Group, and especially their ability to keep paying
their sizable dividend.
Even your own figures suggest FFY could comfortably pay
a sizable dividend whilst remaining at the same valuation.