Dividend Income From Agricultural And Timber Producing Companies

In New York a large penthouse apartment was recently sold for $88 million. If this doesn't seem like such a bargain it may be because U.S. investors are currently able to buy shares in the publicly traded Maui Land & Pineapple at an $81 million valuation. This company (MLP) owns 22,000 acres of prime vacation real estate on Maui, recently developed into a luxury resort. The beauty of the U.S. stock market is that there is a wide selection of similar companies that own valuable land in areas of prime real estate development opportunities. The monetization of these opportunities has uncertain timing but most have interesting operating businesses with upside and many pay significant dividends to their investors. Often these companies are the result of America's agricultural heritage.... Read more