Skip to main content
No. of Recommendations: 19
Hi David
O and NNN are indeed poster children of those who's primary investment goal is reliable and growing income. Their cash flow trending charts are picture perfect...they just don't look much better. So I've pretty much ignored O's price and just paid attention to their quarterly CF numbers to ensure they continue as they have....the price will take care of itself.

But to sell/replace with SRC at today's valuation is an intriguing thought. Today, O's current yield is about 3.6% while SRCs is about 6.3%. But the the next question would be income risk and dividend reliability, which requires pulling down their CF history over past 10-quarters, which at first glance look ok. The other exercise is to pull down dividend history, and here it gets confusing. Looks like SRC had a 5:1 dividend split in Dec. 2018, a 1000:1115 split in June 2018 and a 1:1 split (never seen this in a REIT before) in July 2013. And it looks like there was a large capital gain distribution May 2018 with lots of unrecaptured Sec. 1250. hmmm. This looks promising, but I'm going to need time to study it.

Thanks for the info

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.