Dundee International has been holding up very well during recent market turbulence. With equity markets posting their worst weekly return since 2008, a stock that provides a stable and reliable stream of income is a breath of fresh air.
Dundee International is paying investors 8% per annum, well above current T-Bill and Bond rates, and far higher than any other current savings vehicles offered at your local bank branch. As mentioned on this site before, Dundee International holds a disparate array of commercial properties that it leases out primarily to Germany`s pre-eminent postal service. With a reliable tenant, the default risk for Dundee International is currently low.
Personally, I own Dundee International for the cash it generates and the diversity it provides my equity portfolio.
Highlighted on the company website are three key reasons to own this stock:
Dundee International is paying investors 8% per annum, well above current T-Bill and Bond rates, and far higher than any other current savings vehicles offered at your local bank branch.This is a nice thing.Thanks for sharing.
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