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Sleuth Challenges and Solutions: Escondido Retirement Trust

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  1.  Report Post# 1
    Hi folks -- this is a bonus sleuthed pick for the forums only, since I'm not as sure about this one as I am about most. Maybe someone here can help us confirm with more information.

    This is something that was teased as part of Stansberry's ad for their giant package of all newsletters, a deal that they're not offering anymore ... but the Google cache of the page is at

    http://72.14.209.104/search?q=cache:r7Xo5A6fLVEJ:www.stansberryonline.com/PRO/0705PWATWESP/EPWAH517/200705PWA-TWE-SP.html+tom+dyson+%22escondido+retirement+trust%22&hl=en&ct=clnk&cd=2&gl=us&client=firefox-a

    This particular section is about Tom Dyson's 12% Letter, which is a newsletter focused on high dividend income.

    Here's the pertinent quote:

    "Right now, Tom is looking at an extraordinary income opportunity called the "Escondido Retirement Trust":

    It's a reliable and safe way to collect thousands in spendable income month after month, year after year for as long as you decide to keep collecting."

    So ... almost nothing to go on, which is why I'm not really certain that this pick is right -- but he calls it the "Best Risk Reward Income Play I have Ever Found", so I figured it was worth looking. 'Cause he wouldn't exaggerrate, would he?

    Anyway, my guess is that this is Realty Income Corp (O), which is a commercial real estate investment company focused on retail properties. It fits the two clues we have: Monthly payouts (right now a little less than 6% yield, and they pay each month which is unusual for REITs); and "Escondido" -- this company happens to be based in Escondido. The company website is http://www.realtyincome.com/ if you want to look into it -- it's a little goofy, which is always nice to see.

    It has been extremely steady, and if history is a guide they tend to raise the dividend a couple times a year.

    So ... based on the limited clues given, I'd say I'm about 70% sure that this is the pick for this teaser ... anyone else have other guesses?
    • CommentAuthorGukdorak
    • CommentTimeMay 30th 2007
     Report Post# 2
    You are correct it is Realty Income Corp (O). I got a teaser email a while back and looked into it. The teaser mentioned that divideds had increased 43 times since 94. Which is taken directly from Realty Income Corp (O) press release dated May 15, 2007:

    Realty Income Declares 443rd Consecutive Common Stock Monthly Dividend
    ESCONDIDO, Calif.--(BUSINESS WIRE)--Realty Income Corporation (Realty Income), The Monthly Dividend Company®, (NYSE:O) today announced that its Board of Directors declared a common stock dividend of $0.127125 per share, payable on June 15, 2007 to shareholders of record as of June 1, 2007. The dividend represents an annualized amount of $1.5255 per share.

    The Board of Directors also declared dividends on the Company’s Monthly Income Class D and Class E preferred stock. The monthly dividends on the Class D and Class E preferred stocks are payable on June 15, 2007 to shareholders of record as of June 1, 2007. The monthly dividend amount on the Class D preferred stock is $0.1536459 per share, for an annualized amount of $1.84375 per share. The monthly dividend amount on the Class E preferred stock is $0.140625 per share, for an annualized amount of $1.6875 per share.

    Realty Income, The Monthly Dividend Company®, is a New York Stock Exchange real estate company dedicated to providing shareholders with dependable monthly income. To date the Company has declared 443 consecutive monthly dividends throughout its 39-year operating history and increased the dividend 43 times since Realty Income’s listing on the New York Stock Exchange in 1994. The monthly income is supported by the cash flow from over 1,960 retail properties owned under long-term lease agreements with leading regional and national retail chains. The Company is an active buyer of net-leased retail properties nationwide.

    Note to Editors:

    Realty Income press releases are available at no charge by calling our toll-free investor hotline number: 888-811-2001, or through the Internet at http://www.realtyincome.com.

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