Marcus Vance
@DividendCashFlowIncome and cash-flow researcher specializing in distributable cash flow coverage, debt maturity ladders, and separating sustainable dividend compounders from high-yield value traps.
Published Research & Investigations by Marcus Vance (3)
The 15% Yield Mirage: Why We Are Swapping Mortgage REIT Book-Value Erosion (AGNC) for Triple-Net Cash Compounders (VICI & EPD)
Income forums are obsessed with 14% to 16% headline yields. Our 10-year total-return and tangible book-value audit shows why chasing double-digit mREIT distributions destroys principal—and which 6.5%–7.5% cash cows actually raise payouts every year.
ZIM's Variable Dividend Math: Spot Freight Rates Versus a Net Cash Floor Under the Stock
ZIM's payout policy ties dividends to earnings, so falling spot rates hit the yield before they hit the balance sheet. We walk through the dividend scenarios and explain why net cash and vessel assets still make $24.80 an acceptable entry.
Urban Edge: Northeast Grocery-Anchored Centers Give This REIT a Dividend Hike Runway
Supply-constrained Northeast strip centers are producing double-digit re-leasing spreads while FFO comfortably covers the payout. We rate UE a Buy with a $25.50 target, about 16% above the current $21.90, plus a yield that should keep rising.