Rocky’s Weekly Stock Picks
We’re on vacation! Does that mean we stop buying equities? Not a chance!
A solid selection of go-to Johnsons are going ex-div on Monday, so this won’t take long.
GAIN - $14.09/share, 6.81% yield, monthly distributions. This is Gladstone stock. We’re fairly certain this is the “main” company, but honestly we’re not really sure nor do we care.
Gladstone investments are solid performers, that’s all we’re saying.GLAD - $24.06/share, 8.26% yield, monthly distributions. This is a BDC.
We haven’t produce an article regarding Business Development Companies, but suffice to say they are generally high-yield returns with relatively low risk.
As always, when assessing risk, make sure the company has a great name. Otherwise, pass.GOOD - $14.41/share, 8.21% yield, monthly distributions. Another Gladstone equity, these shares represent an industrial/office REIT.
We love REITs, we really like Gladstone…. and the ticker symbol is “GOOD”. Obviously a good buy.LAND - $14.85/share, 3.74% yield, monthly distributions. This is a farmland REIT. From Gladstone.
The great thing about investing in land, is that there is practically no downside potential. Even better with farmland, since it’s pretty much guaranteed that land will continue to be worked in perpetuity.
Farms may not be profitable for the farmers, or the ranch-hands, or the migrant workers…..but they’re profitable for investors! Hurray!
Both GOOD and LAND also come in preferred offerings for even relatively the same return with even less risks!QNTO - $11.50/share, 4.52% yield, quarterly distributions.
Quaint Oak Bancorp. That’s literally all we know.
We can’t really spin this into a “quite quaint” joke or anything of that nature, but what a great company name. Plus, it’s a bancorp.
What do all bancorps have in common? They make money! Every single time, without fail. Yep, no risk there.
….in all seriousness, it’s hard to go wrong with an established bancorp. Just saying.