This Humble Dividend Stock Is Preparing for Takeoff
Investing in promising young companies before they get big is a dream that most investors share. But for dividend investors, small new businesses are particularly risky, as they might not have the steady cash flows required to sustain a regular payout. With real estate investment trusts (REITs), however, it's possible to have your cake and eat it too.
NewLake Capital Partners (OTC: NLCP) is a REIT that focuses on property investments in the marijuana industry, which is itself young and rapidly growing. Since it's only recently public, it's safe to say that NewLake isn't on the radar of many investors -- and that's also exactly why it looks like a sweet deal.
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Source Fool.com