Clipper Realty: High Yield, But You Could Be Ignored

Since going public in 2017, Clipper Realty (NYSE:CLPR) currently trades at an all-time low. CLPR Full Price History (Seeking Alpha) With its dividend yield almost a full 10%, it's worth investigating whether this presents an attractive buying opportunity or a yield trap. While NYC property seems like the best real estate to own, I'll argue this is just a Hold, given some of its near-term challenges and the incentives of management. Dividend History As a REIT, Clipper is primarily graded by its ability to di ...