Tuesday, February 5, 2013

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 »)


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