REITs Appear in Zacks Growth and Income Highlights

The Zacks Growth and Income Profit Track strategy looks for stocks with unusually high dividend yields.Among the stocks that meet its criteria are NovaStar Financial Inc., and Trustreet Properties Inc. NovaStar is the parent company of a nonconforming mortgage lender. Zacks noted its current dividend yield is 17.42%. In its comments, Zacks said "NovaStar stated that 2005 demonstrated the value of having both portfolio and mortgage banking businesses for its shareholders. Trustreet's current dividend yield of 8.81% qualifies it for the list. It focuses on properties connected with the restaurant industry. Zacks has a website at http://www.zacks.com.

For reprint and licensing requests for this article, click here.
Originations
MORE FROM NATIONAL MORTGAGE NEWS