Good Morning,
I wanted to let you know that I added to two existing positions this morning. These are both entities with higher current dividend yield, albeit a slower expected dividend growth.
Both entities are of pass-through nature in essence, and as such have higher payout distribution ratios. That being said, both have a somewhat of a recurring revenue stream, that is defensible enough to afford paying a high dividend, have a decent chance of stability and safety on its future payout prospects, and also have the odds of growing that dividend at roughly rate of inflation.
That’s a lot of words.
The companies I bought include: