I can't believe what I just found! A growth company which carries an indicated yield of over 16 percent !!! U.S.Timberlands has recently announced its seventh consecutive quarterly distribution of $0.50 per unit. This grower and seller of logs for domestic lumber and wood products owns vast acreage in WA. and OR. They recently beat First Call 3Q estimates by $0.10. Salomon Smith Barney has a target of $21 in the next 12-18 months. But you get paid an incredible dividend while you wait!Also there has been huge Insider Buying! Executives have been buying the stock consistantly for the last year at prices of $12-16. The chairman and CEO bought almost 20,000 shares in September and 38,000 shares in August at $11.30 to $13.00. You can now buy it cheaper!
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