A monthly dividend is a marketing decision, not a margin of safety
It traded at 54.30, -1.30% on the session. Payment frequency tells you nothing about whether the payment is funded.
Free 3 min read
OSPG
Stock
O
O
Delayed
Notes mentioning O
4Industrial property and the difference between a lease and a business
The shares traded at 138.49, +1.13% today. Long leases look like safety until you ask what they are priced against.
Free 4 min read
PLDO
A long lease is only as good as the tenant who signs it
Long leases with fixed increases look like bonds. Like bonds, their value depends on whether the counterparty keeps paying.
Free 2 min read
A net lease landlord grows only while its cost of capital beats the cap rate
The acquisition spread I track, and the point where growth stops adding value.
Paid 2 min read