Category Archives: High Yield Bonds

Diversified Healthcare Trust (DHC) 22Q3 Update

Posted on November 16, 2022 by Stephen Percoco

22Q3 GAAP loss was $0.34 per share and normalized FFO was –$0.06 per share, below my forecast of ‑$0.23 and +$0.01, respectively.  The Office Portfolio met expectations, but Senior Housing Operating Portfolio (SHOP) results were disappointing as improved occupancy and … Continue reading →

Posted in ALR, DHC, High Yield Bonds, Real Estate | Tagged | Comments Off on Diversified Healthcare Trust (DHC) 22Q3 Update

StoneMor’s Unit Price Plummets as it Files its Delayed 10-K

Posted on July 20, 2018 by Stephen Percoco

Since peaking at $32.01 in July 2015, the MLP units of StoneMor Partners LP (STON) have lost nearly 90% of their value.  The steepest part of the decline began in October 2016, just before STON cut its quarterly distribution in … Continue reading →

Posted in Consumer Discretionary, High Yield Bonds, Income Builder, STON | Comments Off on StoneMor’s Unit Price Plummets as it Files its Delayed 10-K

StoneMor’s Distribution Rate is Too High

Posted on September 23, 2016 by Stephen Percoco

StoneMor Partners, L.P. (STON) is the second largest owner/operator of cemeteries and funeral homes in the United States.  The company controls 307 cemeteries in 27 states and Puerto Rico.  Of those, 276 are owned and 31 are operated under contract.  … Continue reading →

Posted in Consumer Staples, High Yield Bonds, STON | Comments Off on StoneMor’s Distribution Rate is Too High