July 18, 2017
BXMT has been a very steady performer this year. The price in January was $30.91 and today the price is $30.96….basically flat. It got ahead of itself in June getting up to $32.00 but then paid a huge dividend and the price has now come back down….this presents you the opportunity to BUY. The 8% yield is very attractive!!!!!
Here is some copy from an article that we saw in SeekingAlpha.com. You can also go the link below to read the entire article.
Blackstone Mortgage Trust, Inc. (NYSE:BXMT) makes a compelling value proposition. The real estate finance company has strong core earnings originating from its investment portfolio, and Blackstone Mortgage Trust has had robust dividend coverage for a high-yielding income vehicle. What’s more, Blackstone Mortgage Trust should be able to grow its net interest income in a rising interest rate environment based on its large exposure to variable-rate loans.
Did anyone watch Game of Thrones? What a snore-fest. This hass has to be the most boring Games episode we have seen. On the other hand the movie The Planet of the Apes is pretty good. The special effects (for face movements) is what everybody is talking about and the story line is ok. We are NOT huge fans of the Apes series but the flick is worth seeing.
Can you believe those idiotic Republicans can’t even pass the healthcare bill. What a bunch of losers. Why don’t they just let ObammerCare fail, and try to do something next year. As big supporters of Trump, we are very sad to see him failing so badly.
Speaking of failing, we are reading that the Illinois pension plans will fail in 4 years. Another sad illustration of corrupt government.
Is anyone surprised at this???……………..
The «Monthly Harvard-Harris Poll: June 2017» is the latest poll in that series, and it scientifically sampled 2,258 U.S. registered voters, of whom (as shown on page 30) 35% were «Democrat», 29% were «Republican», and 30% were «independent»).
It indicates (page 24) that 37% «approve» and 63% «disapprove» of «the way the Republican Party is handling its job».
It also indicates (page 25) that 38% «approve», and 62% «disapprove», of «the way the Democratic Party is handling its job».