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

Clipper Realty's (NYSE: CLPR ) secure dividend and deeply discounted valuation against a portfolio of high-quality New York multifamily properties have kept me bullish on the equity REIT even as the stock price has dipped year-to-date to push theThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, hi ...