Regular readers know that a business which I like very much as an investment for income is Centurion Corporation.
I like accumulating stocks of businesses which have a proven track record as reliable income generators.
I especially like accumulating them when they are trading at a big discount to NAV.
If they offer an attractive dividend yield with a relatively conservative payout ratio, even better.
To understand why I invested in Centurion Corporation back in early 2017,
In fact, I like Centurion Corporation so much that I increased my investment in the business this year a few times.
I shared this in a blog in July 2019.
I bought more when Mr. Market wasn’t paying Centurion Corporation much, if any, attention.
Persistent insider buying, however, prevented the share price from falling below 40 cents a share.