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In this exclusive PRO+ Subscriber Feature, we highlight 3 notable income ideas along with other interesting income ideas published during the past week.
Written by PRO Editor John Leonard, CFA. The opinions expressed are his own.
Featured Income Ideas
Long XIN (Xinyuan Real Estate) by Elle Investments - yield ~10%
As the thesis remains on track following 1Q19 and 2Q19 results, the 20% pullback provides an even more attractive entry point.
The dividend is now just above 10% and the shares trade at a forward P/E of under 3x.
Unlike other Chinese companies that claim to generate piles of cash, XIN is returning some to investors in the form of dividends