2024-03-27 08:12:58 ET
Summary
- Seeking Alpha's largest audience segment consists of dividend investors, making high yield dividend investing a popular topic. I write to share a new name, with a 10.2% yield.
- CuriosityStream, a media and entertainment company, went public as a SPAC and has experienced financial losses since then. The business is now inflecting.
- Despite its historical losses, CuriosityStream announced its first annual quarterly dividend and plans to regularly pay dividends, indicating potential positive cash flow, in FY 2024.
- As of December 31, 2023, CURI has $0.716 per share in cash and no debt.
At least anecdotally, as I don't have SA's proprietary or empirical data, I would argue far and away the most popular and largest audience segment, here on Seeking Alpha, consists of dividend investors. In fact, high yield dividend investing has become a cottage industry, here on Seeking Alpha, and this has attracted a very large audience of avid readers that are myopically focused on high yield dividends. Therefore, I felt compelled to share today's idea. And when I say high yield dividends, I'm suggesting at least an 8% annual dividend yield (excluding special dividends)....
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For further details see:
CuriosityStream: The Surprise 10% Dividend Is Why Micro-Caps Can Be So Lucrative