Cash COWs And Buried Treasures: 2024 Performance Review

Dec. 11, 2024 11:31 AM ET, , , , , , , , , , , , , , , 11 Comments
(9min)

Summary

  • About a year ago, I published two proposed portfolios:  Cash COWs, (high-yield and strong dividend safety), and Buried Treasures, (undervalued, high-yielding, with strong balance sheets and growth).
  • The Cash COWs portfolio, selected for high yield and dividend safety, delivered a 6.91% cash yield with no dividend cuts, outperforming the VNQ by 242 bps.
  • Despite not matching the S&P 500 or NASDAQ, Cash COWs performed well against the Dow Jones, S&P 400, and S&P 600 indices.
  • The Buried Treasures portfolio nearly doubled VNQ's share price gain, outperforming that market-cap weighted ETF by 1478 bps in total return, and provided a 6.10% cash yield.
  • Both portfolios demonstrated strong performance, with the Buried Treasures particularly excelling, validating the investment strategies and criteria used for selection, as well as Hoya Capital's valuations.

Until the cows come home

Wiley Wilkins/iStock via Getty Images

Cash COWs

Last December, I named 11 REITs that offered high-yield and safe dividend payouts, for cautious investors who just want to generate income, without worrying much about the underlying share price. At the time, the no-risk rate



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This article was written by

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Philip Eric Jones is a financial writer, educator, artist, and inspirational speaker. He writes about investing for retirement with a focus on Growth stocks and REITs.

He is a contributor to the investing group iREIT®+HOYA Capital. The service features a team of analysts focusing on real income-producing asset classes that offer the opportunity for reliable income, diversification, and inflation hedging. Learn More.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of EPR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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