Top 5 Asian Stocks To Buy Right Now: Pope Resources(POPE)
Pope Resources, a Delaware Limited Partnership, engages in the management of timber resources. It operates in three segments: Fee Timber, Timberland Management & Consulting, and Real Estate. The Fee Timber segment involves in growing, harvesting, and marketing timber to domestic and the Pacific Rim markets from its 175,000 acres of tree farms. The Timberland Management & Consulting segment provides investment management, disposition, and technical forestry services to the timberland owners. The Real Estate segment engages in securing permits, entitlements, and installing infrastructure for raw land development; and selling the land to buyers, who sell it to home buyers, operators, or lessors of commercial property. This segment also engages in the rental of residential and commercial properties in Port Gamble and Kingston, Washington. Pope Resources sells its logs to lumber mills and other wood fiber processors located in western Washington and northwest Oregon. As of Dece mber 31, 2010, it owned 114,000 acres of timberland in western Washington; 61,000 acres of timberland for the funds in Washington and Oregon; and 2,800 acres of real estate held for sale or development. Pope MGP, Inc. and Pope EGP, Inc. operate as the general partners of the company. The company was founded in 1985 and is based in Poulsbo, Washington.
Advisors' Opinion:- [By Rich Duprey]
Timberland managerPope Resources (NASDAQ: POPE ) announced todayit would be payingits second-quarter distribution of $0.45 per unit, the same rate it paid for the last four quarters after it raised the payout from $0.35 per unit.
source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-5-asian-stocks-to-buy-right-now-2.html
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