“It’s like gold, but better, because there is this cash flow,” Mr. Boardman said.
His boots were caked with mud when Thomas S. T. Gimbel, a longtime hedge fund executive, slipped in a strawberry patch. It was the plumpness of a strawberry that had distracted him.
Mr. Gimbel, who once headed the hedge fund division of Credit Suisse, now spends more time discussing crop yields than stock or bond yields.
He is the man on the ground for a group of investors — including New York’s biggest real estate dynasty, two Florida sugar barons and the founder of a multibillion-dollar investment firm — who have been buying up farms across the United States through a real estate investment trust called the American Farmland Company.
Hedge funds are not new to farmland. For nearly a decade they have scoured the corners of the globe for cheap land as food prices have soared, positioning themselves to profit from the growing demand. Hedge funds now have $14 billion invested in farmland, according to the data provider Preqin.
But in the latest twist, a small but growing group of sophisticated investors and bankers are combining crops and the soil they grow in into an asset class that ordinary investors can buy a piece of.
The Latest on: Cash Crops With Dividends
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The Latest on: Cash Crops With Dividends
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Let’s take a look at two Canadian dividend stocks that might be interesting ... These commodities are used as fertilizers to help improve crop yields. Nutrien typically sells potash on annual ...
- Corteva Declares Quarterly Dividendon February 21, 2020 at 4:45 pm
This marks the third consecutive cash dividend to be paid by Corteva since becoming an independent public company ... the world with the most complete portfolio in the industry – including a balanced ...
- Corteva Declares Quarterly Dividendon February 21, 2020 at 4:22 am
This marks the third consecutive cash dividend to be paid by Corteva since ... including a balanced and diverse mix of seed, crop protection and digital solutions focused on maximizing ...
- Compass Minerals Declares Dividendon February 19, 2020 at 6:21 pm
The Board of Directors of Compass Minerals (NYSE: CMP), a leading essential minerals company, has declared a quarterly cash dividend of $0.72 per share ... an innovative and diverse portfolio of ...
- Cashew, palm seedlings to diversify economy - President Akufo-Addoon February 19, 2020 at 9:44 am
ByMaxwell Awumah, GNAAdaklu-Waya (V/R),Feb. 19, GNA - President Nana Addo Dankwa Akufo-Addo has said the distributionof cashew and palm seedlings under the Planting for Food and Jobs programme wasto ...
- Compass Minerals Declares Dividendon February 18, 2020 at 4:00 pm
The Board of Directors of Compass Minerals (NYSE: CMP), a leading essential minerals company, has declared a quarterly cash dividend of $ ... the quality and yield of crops, while supporting ...
- Here’s why the Graincorp share price is on watch todayon February 18, 2020 at 7:21 am
There has been minimal impact on GrainCorp Ltd (ASX: GNC)’s share price so far today following an update on its crop production contract ... and to help smooth GrainCorp’s cash flows across ...
- QBE delivers US$550 million profit but cuts its final dividendon February 16, 2020 at 2:10 pm
Due largely to adverse weather conditions which severely impacted its US Crop insurance business ... after tax of US$550 million and an adjusted net cash profit after tax of US$733 million. This was ...
- QBE delivers US$550 million profit but cuts its final dividendon February 16, 2020 at 1:55 pm
Due largely to adverse weather conditions which severely impacted its US Crop insurance business ... tax of US$550 million and an adjusted net cash profit after tax of US$733 million.
- ASX to fall; QBE cuts final dividendon February 16, 2020 at 1:16 pm
The company's adjusted net cash profit after tax was ... which it said severely impacted its US crop insurance business. QBE has cut its final dividend. Bloomberg "The result was also impacted ...
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