CXW

Healthy 10.8% Yield: Political-Hot-Air-Driven Sell Off, Attractive Entry Point

Political rhetoric has created an attractive buying opportunity in this healthy 10.8% dividend yield company. The shares have sold off hard despite solid cash flows and a high demand business with long-term visibility. The rhetoric has heated up heading into this year’s election cycle, but this is a story we’ve seen before whereby the shares quickly rebounded following the elections. If you like big dividends and attractive buying opportunities, this one is worth considering.