Public Storage
All it takes is one natural disaster to really prove how much people depend on storage facilities. That’s why for the real estate sector we picked Public storage, a company valued at a whopping $35.2 billion with a 4.0% dividend yield. It’s no surprise they’re the world’s largest owner of self-storage facilities with paid dividends without interruption for close to 30 years.
It’s no small wonder that they’re doing so well, either. Their brand is easily recognizable, they have locations with high barriers to entry and they benefit from economies of scale. Since they require low operating and maintenance costs, self-storage warehouses generate excellent cash flow.
Keep in mind the fact that the industry is dealing with a short-term rise in supply too. Right now, acquiring customers is a highly competitive affair. Despite this, PSA has managed to maintain a strong balance sheet.
As far as the economic recession of 2007-2009, customers have prioritized making their self-storage payments even then. Delinquency rates sat at around 2% so you can trust that most Americans wouldn’t just give up on their belongings, even when times are tough.
Networks today are probably in the very high ninety percentage range. I just left Verizon for Spectrum because I am saving
$28 dollars a month! I believe this figure is the main concern for the vast majority of our population. If all of these customers switched over like I did, while saving almost $30 dollars a month, is quite an attractive savings amount for each month to most people! Even if Verizon is able to prove their higher speeds, more reliability and better performance, it would only be very minimal and quite unrecognizable to 99.9% of the customer base. The vast majority of customers would most likely just wait until the service is restored and make any of these concerns futile. I am personally convinced that all of the networks today are for the most part, very similar and not worth paying any extra, higher premiums.