from24/7 Wall St.
1 hour agoThe 13% Yield Trap? Why MORT's Dividend Hike Is Masking a NAV Slide
MORT holds shares in mortgage real estate investment trusts, companies that borrow at short-term rates and invest in mortgage-backed securities or originate real estate loans. The income MORT distributes comes from the dividends paid by the underlying mREITs to their shareholders.
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