GBA Presents: House of Gummy-!

Orchid Island Capital (ORC)

Readers will inherently understand the risk in Orchid Island Capital (NYSE:ORC) stock once they understand that it invests in leveraged residential mortgage-backed securities. Without digging any further, headlines alone and the great financial crisis could spook anyone away from Orchid Island Capital. The risk is clear and any investors should consider it.

Anyway, it’s the dividend that matters here. And it’s one with a high yield, currently above 17%. A 17% yield alone is highly indicative of risk. That’s a yield that suggests investors should not depend on the payment very much. Such high payment percentages vanish sometimes and decrease more often. Orchid Island is a great example: It decreased its dividend twice in 2022, the last time in August to $0.16, where it currently stands.
 
Gladstone Land Corp. (LAND)

Companies that invest in farmland real estate like Gladstone Land Corp. (NASDAQ:LAND) have garnered a lot of attention of late from investors. There’s a general feeling that residential real estate doesn’t offer the same strong advantages it once did and that has turned the focus elsewhere. Farmland is a prime example as many people expect it to continue to rise in value due to its clear utility. That was indeed the case in 2022, as it increased by 12.4% per acre in value.

The company leases the farmland it owns and the facilities on those properties to farmers. Gladstone Land owned 169 farms as of the end of 2022, up from 164 a year earlier. It isn’t an upstart firm either, having been established in 1997. In other words, it isn’t a firm trying to take advantage of a trend.

Instead, it mostly seeks income for itself in the form of steady revenue from the farmers it leases to and rising net income.
 
Another question: I have got my boy about $19,000 annually in income streams off his acct.

I'd ultimately like to get that number to $40,000+/

How to do that. I can get risk free 5%.

I can go REIT /

Preferred shares appeal..

I can buy stocks with yield.

We are looking for at least qtrly distribution if not monthly! But at least 4 payouts-- what high dividend ideas do you guys have?
I think you’re the income expert, let us know please what you both decide.
 
We should start seeing a rotation into some of these other (former high-flying) tech stocks that have been beaten down severely yet have rock solid balance sheets with lots of cash and are finally starting to make a little money. You know I like TWLO and it hit $52.70 yesterday. There's several others just like it. I wouldn't be surprised if NVDA dropped below the split price soon. ~$120. Maybe not, but a lot of profit has been taken in the last two days and that money has to go somewhere.

Speaking of, did you see ACN? It's back from the dead too. Up nearly $25 in two days. $309 now.
:thumbsup:
 
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