The first two days of 2020

We’ll start the year off with the same stock we started 2019 off with – Glatfelter (GLT). We traded this name twice last year with good results. Glatfelter is a “leading global supplier of engineered materials” – essentially everything from tea bags to floor tiles. The most recent quarterly report looks good, dividend payouts have been raised for the last six years and the current yield is 2.83%.

Up next is Rent-A-Center (RCII). This furniture and electronics rent-to-own company has over 2000 stores and accounts for 35% of that market in the US. Revenues are up and the dividend was just increased from $0.25 to $0.29. The current yield is just over 4%.