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We’re adding a company to the High Yield Portfolio that owns buildings that almost every big company needs.
Not offices.
Not malls.
Warehouses.
Big modern ones.
The kind that keeps supply chains moving.
This company designs and builds premium logistics warehouses.
Then it rents them out.
For decades.
Its customers?
Amazon.
L’Oréal.
DHL.
Decathlon.
Coca-Cola.
Here’s what makes this business different.
It doesn’t just buy old buildings.
It builds exactly what the tenant wants.
Robotics-ready.
Energy-efficient.
Net-zero compliant.
Once a tenant moves in, leaving is incredibly expensive.
That’s why occupancy sits above 99%.
The result?
Very predictable cash flow.
Long leases.
Inflation-linked rent increases.
And a dividend that has grown for more than 15 years.
But the stock is down.
Interest rates went up.
REITs fell out of favor.
Investors got scared.
So the share price dropped.
Hard.
That pushed the dividend yield way above normal.
Much higher than its historical average.
For a business that hasn’t changed at all.
That’s run by the founding family.
They own more than a third of the company.
Their wealth rises and falls with yours.
Yes, there are risks.
One tenant is large.
Debt always matters in real estate.
Growth takes time.
But this company operates in a market with:
• Very limited land
• Strict permits
• Rising demand from e-commerce
• A forced shift to green buildings
Competitors can’t just copy that overnight.
So now we have an odd situation.
A boring business.
With exciting dividends.
A market leader.
Trading like it’s in trouble.
High yield today.
And room to keep growing it.
Want the full breakdown?
The moat.
The tenant risk.
The debt math.
The dividend safety.
The valuation.
And why we’re adding it to the portfolio.
That’s all in the premium version.
The doors for Compounding Dividends will reopen to a limited of people on the 24th of February.
You don’t want to miss it? And you also want to receive all the exclusive bonuses?
You’ll also immediately get a copy of my 10 favorite cannibal stocks when you do.
One Dividend At A Time
TJ
Used sources
Interactive Brokers: Portfolio data and executing all transactions
Fiscal.ai: Financial data
Disclaimer
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