We’ve been blogging for free. If you enjoy our content, consider supporting us! Disclaimer: This is for informational purposes and is not investment advice. Figures are taken from company disclosures and exchange data; valuation ratios include the author’s calculations based on cited inputs. By the numbers, every “dividend machine” has a hidden engine. The question is whether that engine runs on operating cash—or on wishful thinking. Dividend investors love simple stories: strong brands, steady profits, a board that “always pays.” But the market’s most expensive lesson is that dividends don’t come from the income statement. They come from cash—and specifically from cash generated by the core business. That distinction is now the difference between holding a yield stock with confidence and holding one with crossed fingers. Consider RFM and Monde Nissin—two consumer names that can appear, on the surface, to offer what income investors crave: regular payouts and re...
We’ve been blogging for free. If you enjoy our content, consider supporting us! Disclaimer: This is for informational purposes and is not investment advice. Figures are taken from company disclosures and exchange data; valuation ratios include the author’s calculations based on cited inputs. If you’re buying MREIT for dividends, the latest numbers deliver the kind of comfort income investors like: a growing rental base, steady cash generation, and distributions that track distributable income almost to the penny. But therein lies the catch. When a REIT is already paying out nearly everything it can , future dividend-per-share growth becomes less about “discipline” and more about whether the business can expand distributable income per share —after interest costs, lease-linked expenses, and dilution. A strong quarter—driven by assets, not alchemy MREIT’s nine-month story to September 30, 2025, is straightforward: bigger portfolio, higher revenues. Total rev...