“It’s like gold, but better, because there is this cash flow,” Mr. Boardman said.
His boots were caked with mud when Thomas S. T. Gimbel, a longtime hedge fund executive, slipped in a strawberry patch. It was the plumpness of a strawberry that had distracted him.
Mr. Gimbel, who once headed the hedge fund division of Credit Suisse, now spends more time discussing crop yields than stock or bond yields.
He is the man on the ground for a group of investors — including New York’s biggest real estate dynasty, two Florida sugar barons and the founder of a multibillion-dollar investment firm — who have been buying up farms across the United States through a real estate investment trust called the American Farmland Company.
Hedge funds are not new to farmland. For nearly a decade they have scoured the corners of the globe for cheap land as food prices have soared, positioning themselves to profit from the growing demand. Hedge funds now have $14 billion invested in farmland, according to the data provider Preqin.
But in the latest twist, a small but growing group of sophisticated investors and bankers are combining crops and the soil they grow in into an asset class that ordinary investors can buy a piece of.
Read more . . .
The Latest on: Cash Crops With Dividends
[google_news title=”” keyword=”Cash Crops With Dividends” num_posts=”10″ blurb_length=”0″ show_thumb=”left”]
via Google News
The Latest on: Cash Crops With Dividends
- American Financial Group, Inc. Announces First Quarter Resultson May 1, 2024 at 6:00 pm
American Financial Group, Inc. (NYSE: AFG) today reported 2024 first quarter net earnings of $242 million ($2.89 per share) compared to $212 million ( ...
- AIG Reports Strong First Quarter 2024 Resultson May 1, 2024 at 1:16 pm
American International Group, Inc. (NYSE: AIG) today reported financial results for the first quarter ended March 31, 2024.
- 7 Dividend Aristocrats Paying Sky-High Yields: April 2024on April 30, 2024 at 1:31 pm
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Few investment strategies have performed as well for as long as dividend ...
- CVR Energy Reports First Quarter 2024 Results and Announces a Cash Dividend of 50 Centson April 29, 2024 at 3:57 pm
CVR Energy announced a first quarter 2024 cash dividend of 50 cents per share. The quarterly dividend, as declared by CVR Energy’s Board of Directors, will be paid on May 20, 2024, to stockholders of ...
- 10 Essential Sources of Retirement Incomeon April 25, 2024 at 10:41 am
The good news is there are multiple ways to do so. Below are the best and most realistic ways to gather passive income in retirement. Short-term cash investments. Part-time work in retirement. A ...
- Want $5,000 In Passive Income? Invest $5,000 Into These 5 Dividend Stockson April 25, 2024 at 9:30 am
We screened our 24/7 Wall St. dividend equity research database, looking for stocks that pay massive dividends, and we found five companies that combined can generate over $5,000 a year in passive ...
- Cream of the Crop: The 3 Highest-Rated Dividend Aristocrats to Buy in Aprilon April 9, 2024 at 11:00 am
Indeed, the company allocates a large portion of its cash flow to rewarding shareholders ... The post Cream of the Crop: The 3 Highest-Rated Dividend Aristocrats to Buy in April appeared first ...
- 3 Dividend Stocks for April 2024on April 7, 2024 at 5:00 pm
Like most banks, J.P. Morgan has often returned more cash to shareholders via buybacks than dividends, though dividends have had the edge for the past five years. FMC is a crop chemical producer ...
- Planting Our Income Cropson April 4, 2024 at 9:20 am
Realty Income (O), also known as “The Monthly Dividend Company,” is the 5th largest global REIT (Real Estate Investment Trust). It enjoys cash flows ... a portion of our crop, and use the ...
- 6 Attractive Stocks Paying Dividends for the First Timeon April 7, 2013 at 5:00 pm
Among the crop of new dividend payers ... Last year, Apple announced that it would return $45 billion in cash to shareholders through dividends and stock buybacks over three years.
via Bing News