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-- -- Well time now for the -- and Robert linen service capital management CEO is back -- me.
Here on the set and you got some pixie cut the -- names you say -- double duty stocks what does that mean.
-- double duty stocks again our clients tend to be retirees pre retirees.
So they're looking for two things out of there out of investments that they make in their portfolio.
Number one they need to provide steady stream -- come and number two they need to have the ability to increase that income to keep pace with inflation.
OK so it's all about it had been that this dividend payers some what you're topic is -- you know why you like this.
-- yet -- we like a -- it's a Timberland REIT the case of first of all to Berlin is a great asset class to have in the portfolio you see it held.
A lot of -- -- of institutions and endowments for its ability to keep pace with inflation.
What's really interesting and unique about -- here though being structured as a -- Is about 45% of its business comes what's from what we call called performance fibers okay.
And what that basically means as they take wood chips and they convert -- into materials that are used in everything from crest toothpaste.
To wishbone salad dressing.
So -- 45% of the businesses fast growing but under that -- umbrella other able to that operate that business and attacks freeway.
But isn't that also tied to housing we had a big housing segment earlier -- read your type of an -- in the land so the nice thing is they have that that stability coming from the performance fibers business and our opinion housing is bottom that we think this is a great way again to play -- -- -- played up -- candidate it's down 1% music buying opportunity and -- about absolutely OK all right let's get here and expect.
And that is Waste Management we know the name very well -- why I've picked this name now.
Yeah Waste Management four point 1% dividend which is a very safe.
It's been growing that -- -- over the last nine years it's a stable cash flow business as we saw on this last recession.
They continue to maintain that dividend and what they've been doing and the radars acquiring companies positioning themselves again for this construction rebound to be a leader.
That -- discovered acquisition yeah they've gone through a few different acquisitions again.
So yeah again they've been acquiring companies that we feel under paying for those companies position themselves -- for our future growth.
OK let's get to those lost that many repairs will noticing -- -- -- that Mattel yeah Mattel consumer play icici a trend here if you.
-- out what's not to like Barbie hot wheels American girl Mattel again three point 6% dividend -- for consumer discretionary name.
Very hefty dividend -- -- paying out our for a while over the last nine years again what's important with these names that they ability to grow those dividends they've grown that didn't and an annual compound rate of 13%.
Very approximately landing lot.
That that the stock over the -- we're looking at a long term chart over the last year to 34%.
Gap we we can jump for a name like Mattel let -- not them.
You know propelling the stock of the company but that's -- -- -- for -- name that's been around person.
Again but still it's the premier company.
That that that you're able to buy at a market multiple three point 6% dividend last quarter grew at 20%.
-- -- acquired entertainment which a lot of people thought -- -- billion for for 656.
Million brought Thomas -- Thomas the tank in the mix again future reason to -- earnings.
And -- you can't go against Barbie and hot -- Sales at the end of the day right everyone's gonna -- that children are and Robert -- it was great to have you on the show I think you know I'm gonna -- -- villain is the CEO and CIO --
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