Derek Warren
Regal Lifestyle Communities
RLC-T
TOP PICK
Dec 29, 2014
7.9% dividend, very high, and you get the tax credit. A great name and a great yield. The biggest risk is supply. We are starting to see a little evidence of some more building.
2 business, Venture Steel, a steel distribution company and a fabrication business for retail and automotive. Has struggled with low utilization levels of its capacity and has taken on an inordinate amount of debt. End market demand is also weaker. Fairly valued.
7.9% dividend, very high, and you get the tax credit. A great name and a great yield. The biggest risk is supply. We are starting to see a little evidence of some more building.