In these uncertain times, it's nice to know that shares in Ground Rents Income Fund (GRIO) offer a decent dividend yield - and with the lowest investment risk around. And the company's business model seems largely divorced from any maelstrom generated by the process of Brexit.
IC TIP:
Buy
at
119p
Tip style
Income
Risk rating
Low
Timescale
Long Term
Bull points
- Low-risk income stream
- Small premium to net asset value
- Attractive quarterly dividend
- Virtually no bad debt risk
Bear points
- Competition for freeholds
- Earnings dilution from possible equity issuance
