One REIT IPO Without Much of a Yield
Hardly a week goes by these days without a company going public with a decent yield. A couple of weeks ago CyrusOne (NASDAQ: CONE)
joined the party with a highly successful IPO pricing above the
expected range and trading higher for the week. The REIT though has a
meager expected dividend yield of only 2.9%.
The company is a spin-off data center operator from majority owner Cincinnati Bell (NYSE: CBBmore »)
Disclosure: No positions mentioned. Please review the disclaimer page for more details.
The company is a spin-off data center operator from majority owner Cincinnati Bell (NYSE: CBBmore »)
Disclosure: No positions mentioned. Please review the disclaimer page for more details.
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