Clipper Realty: Undervalued With A Dividend Yield That's Fully Covered By AFFO

Core Viewpoint - Clipper Realty (NYSE: CLPR) is viewed positively due to its secure dividend and attractive valuation relative to its portfolio of high-quality multifamily properties in New York, despite a year-to-date decline in stock price [1]. Group 1: Company Analysis - Clipper Realty's stock price has dipped year-to-date, yet the company maintains a bullish outlook due to its secure dividend and deeply discounted valuation [1]. - The company is part of a broader strategy by Pacifica Yield, which focuses on long-term wealth creation through investments in undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1].