Till now, I've steered clear of REITs because I prefer companies with a lower initial dividend yield offering a higher dividend growth rate. But lately, I believe Mr. Market has over-reacted with the selloff in REITs.
Both limit orders were filled during the day:
DLR: 30 shares @ $54.80 + $9.95 commission ($55.13)
HCP: 40 shares @ $41.00 + $9.95 commission ($41.25)
DLR will add $93.60 and HCP will add $84.00 to my forward 12-month dividends, which now sits at $5,345.82.
For now, I do not view these purchases as longterm investments for the reason stated above.