RE:RE:RE:RE:RE:Impending newsNOA looks like a penny stock? Unless I am missing something. TVK is an interesting stock but hard to describe it as an income stock when it pays out only 17% of earnings. Nice play though and looks like a stable business.
There are exceptions to every rule but in general, royalty plays like DIV and Alaris, they will get clobbered in times of rising interest rates. Simply a risk trade and the people that graviatate to these types of equities are usually older, income oriented investors seeking yield with minimal risk.
You buy these plays now, when depressed and when rates start to decline, which they will, then you get to enjoy the yield and the capital appreciation in tandem. Not rocket science.
Time and patience is required to enjoy the full benefit.
DIV is looking very attractive here. I think most of us can agree that $3 plus is closer to value we should be at based on the portfolio.