Stock price when the opinion was issued
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It should be considered higher risk income, but it has a long history. Management is decent. It has survived many downturns and has managed to grow. Unlock Premium - Try 5i Free
It's been a top pick of his over the years. He likes the way they structure their business, investing in diverse, established companies, mostly in the US. They pay a compelling yield, but is a volatile stock, Is less exposed than before to the vagaries of the economy, though the economy will still affect them.
Ranks in the top 5% of his database. Free cash flow yield is about 2.8%. The overall payment of 4th quarter trailing cash flow is around 72%. Historically, if it is more than 100% of cash flow, it is not sustainable. The outlook for earnings is slightly down for 2017, and a glacial rebound for 2018 at 7%. The dividend looks to be sustainable. Dividend yield of 7.3%.