Duke Royalty (LON: DUKE) has produced record results and once it invests the cash raised earlier this year the income should increase significantly. That means that dividends will rise as well.
Duke provides capital to a range of businesses. In return Duke gets a royalty stream that can generate cash flow to pay dividends.
The royalty deal can last for up to 40 years and the initial yield is 12%-14% of capital. Due diligence is done on the business to ensure that this can be paid out of c...
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