As anticipated, balancing positions continued with NYSE:VER (formerly NYSE:ARCP). Troubled company in transition process and my only truly speculative position. On November 6th I bought additional 130 shares for 8.18 USD per share. I still doubt that I would build a full position on VEREIT but the jury is still out on that one. Interest rate issues will play a significant part here but I ended up with a target value in the neighbourhood of 9.90-10.10 USD per share. That’s just a side note though as my primary focus is on the dividends.
One view on the matter: http://seekingalpha.com/article/3657246-net-lease-reit-vereit-continues-to-execute-on-investor-day-blueprint