Twenty-one published candidates from a curated income list, ordered by the post's own ranking (best last). Stance is Positive throughout — every entry is a "why it's interesting" case with no counter-argument offered — but note that no valuation, payout ratio or dividend-growth figure appears for any of them, so these are screen outputs rather than rated buys. Research legend: QT Qualtrim · SA Seeking Alpha · STK Stock Analysis. Foreign primary listings keep this source's suffixed row ids. Written post with no timestamps — the At link opens the article.
| Ticker | Name | Research | View | What he said | At |
|---|---|---|---|---|---|
| CTAS | Cintas Corporation | QT · SA · STK · FA | Positive | #6 — and the lowest yield on the list at 0.9%. Branded workwear, mats, mops and first-aid supplies to "over one million businesses." The moat is the drop-off itself: "Once a Cintas truck is already stopping at a customer's location to drop off uniforms, it costs almost nothing to also sell them soap, mats, and fire protection." Plus "historically, Cintas has grown its earnings at a multiple of US GDP growth," and the proposed UniFirst merger, "which would result in a big jump in customer numbers." Included for compounding rather than income — the yield is a rounding error against the 6.6% names above it. | read ↗ |
| TTE | TotalEnergies | QT · SA · STK · FA | Positive | #7, yield 5.9%. "A French multi-energy giant… transitioning faster than almost any other peer into renewables," reinvesting oil profits into wind and solar and "aiming to be a top-5 global renewable power producer by 2030." Downside protection from cost position: "their traditional oil projects have some of the lowest production costs in the industry, allowing them to remain profitable even at low oil prices." And the relative-value point: "it trades at a significant discount to its U.S. peers (like Exxon or Chevron) despite having a more progressive transition plan." | read ↗ |
| EXR | Extra Space Storage | QT · SA · STK · FA | Positive | #8, yield 4.5%. "The largest self-storage operator in the U.S. (by store count), managing over 4,000 properties." Three angles: capital-light fee income from "managing stores for other owners… without the need to own the real estate"; consolidation, since "the self-storage industry is still highly fragmented"; and the inflation mechanic — "because storage leases are usually month-to-month, they can adjust pricing much faster than office or retail landlords when inflation rises." The shortest lease term on the list, which cuts both ways. | read ↗ |
| LGEN.L | Legal & General Group | STK | Positive | #9, yield 8.1% — the second-highest on the list. A UK financial-services group in "pension risk transfer, asset management, and insurance." The yield is defended on cash: "north of 8%, supported by a massive free cash flow of GBP 4+ billion." The demand case is demographic and specific: "as baby boomers retire, the demand for pension de-risking services is exploding, which is a market where Legal & General is a global leader." Plus a strategy simplification "to focus on their core, high-return businesses." | read ↗ |
| APD | Air Products & Chemicals | QT · SA · STK · FA | Positive | #10, yield 2.7%. Industrial gases — oxygen, nitrogen, hydrogen — to electronics, energy and healthcare. The pricing-power argument is the archive's recurring low-cost-share test: "Industrial gases are a tiny fraction of a customer's total cost but are vital for production. This makes for long customer relationships and high switching costs." The contract structure is the real asset: "most of their revenue is secured via 15-to-20-year 'take-or-pay' contracts, creating predictable cash flows." Growth optionality from blue and green hydrogen. | read ↗ |
| ADBE | Adobe | QT · SA · STK · FA | Positive | #11 — and the only entry with no dividend yield quoted at all: "Buyback Yield: 8.9%". "A serious share cannibal: Adobe is using its massive free cash flow to buy back shares at a historic rate, reducing their share count by over 6% in 2025 alone." On price: "after being caught up in the AI hype cycle, the stock has recently traded at a much more reasonable valuation." And the AI answer as an upsell rather than a threat: "their Firefly generative AI is being rapidly adopted by enterprise clients, creating a new upsell lever that is just starting to impact the bottom line." Its inclusion is the list's own admission that cash returned matters more than the form it takes. | read ↗ |
| GIS | General Mills | QT · SA · STK · FA | Positive | #12, yield 5.5%. Cheerios, Nature Valley, Blue Buffalo, Betty Crocker. "They hold the #1 or #2 market share position in a staggering number of categories. This dominance gives them immense bargaining power with retailers." Trading "at a low valuation and high dividend yield relative to its history." The defence against private label is stated as a target: "heavily investing in product quality and 'newness' (targeting 25% of 2026 sales from new products) to prevent consumers from switching to generic store brands" — which is also an admission that the threat is live. | read ↗ |
| CTC-A.TO | Canadian Tire Corporation (Class A) | STK · FA | Positive | #13, yield 4.1%. A Canadian retail institution — automotive parts to housewares to sporting goods — plus "a significant financial services arm and a majority stake in CT REIT." Three supports: family control by the Billes family "giving management a long-term mindset," with "their 16th consecutive year of dividend increases"; buybacks "with an intention to repurchase up to CAD 400 million in shares through 2026"; and data — "their Triangle Rewards program… giving them data on roughly 11 million active members." | read ↗ |
| CNR.TO | Canadian National Railway ($CNI / $CNR.TO) | QT · SA · STK · FA | Positive | #14, yield 2.6%. "The only railroad in North America that connects the Atlantic, Pacific, and Gulf coasts." The moat in six words: "You cannot build a new railroad. CN operates a toll booth on the North American economy with minimal competition for long-haul freight." Plus "after a period of higher valuation, the stock has become more attractive relative to its peers and its own historical averages," and efficiency generating "massive free cash flow that supports a growing dividend." Becomes Best Buy #4 of August 2026 on the same irreplaceable-network argument — see 30 August. | read ↗ |
| LYB | LyondellBasell Industries | QT · SA · STK · FA | Positive | #15 — the highest yield on the entire list at 11.2%. "One of the world's largest plastics, chemicals, and refining companies," a leader in polypropylene and polyethylene. The advantage is feedstock geography: "because they operate heavily in the US, they have access to low-cost natural gas… a massive cost advantage over European and Asian competitors." Price: "the stock has recently traded at some of its lowest valuations in years, paired with a dividend yield that is near historical highs." Self-help: "a plan to unlock over $1 billion in incremental cash flow by the end of 2026." An 11% yield in a commodity chemical cycle is the list's largest unhedged claim — no payout ratio or coverage figure is given. | read ↗ |
| SON | Sonoco Products | QT · SA · STK · FA | Positive | #16, yield 4.9%. Consumer, industrial and healthcare packaging, "recently pivoted aggressively toward metal packaging through major acquisitions" — Ball Metalpack and Eviosys, which "have turned Sonoco into a global leader in metal food cans - a highly stable, competitively advantaged industry." Inflation pass-through via "long-term contracts with price escalators." And the durability marker: "Sonoco has been paying dividends continuously for almost 100 years." | read ↗ |
| UTG.L | Unite Group PLC | STK | Positive | #17, yield 6.6% (joint-highest after LYB and LGEN). "The UK's largest owner, manager, and developer of purpose-built student accommodation… housing for over 70,000 students," partnered with top-tier universities. Supply is the argument: "there is a chronic shortage of high-quality student housing in the UK, leading to high occupancy rates and reliable rent growth." And the demand is counter-cyclical: "higher education enrollment tends to stay steady or even increase during economic downturns as people head back to school to retrain." | read ↗ |
| ARG.PA | Argan SA | STK | Positive | #18, yield 5.1%. "A French real estate company specializing in the development and leasing of premium logistics warehouses (the backbone of e-commerce)." Three lines: European online-shopping growth driving demand for "high-spec, modern warehouses"; "a very attractive yield with a conservative payout ratio" — the only payout-ratio comment in the whole list, and it is qualitative; and inflation protection, since "most of their leases include indexation clauses, meaning rents rise automatically with inflation." | read ↗ |
| WEN | Wendy's Company | QT · SA · STK · FA | Positive | #19, yield 6.6%. "The world's third-largest quick-service hamburger company," with "the vast majority of its thousands of locations… operated by franchisees, creating a high-margin royalty model." Growth from international expansion, technology (mobile ordering and loyalty "increasing how often customers buy, and average ticket sizes"), and "between a high dividend yield and consistent buybacks, the company is focused on returning cash to owners." Note what is not addressed: a 6.6% yield on a quick-service franchisor implies the market doubts the payout. | read ↗ |
| MTL.TO | Mullen Group | STK · FA | Positive | #20, yield 5.1%. "One of Canada's largest logistics and trucking providers… 'less-than-truckload', specialized hauling, and oilfield services." Three lines: "a 5% yield that's well-covered by steady cash flow"; capital allocation — "management is known for being patient, only making acquisitions when valuations are attractive and the balance sheet is pristine"; and demand durability — "no matter the economic climate, food, medicine, and industrial supplies still need to be moved." | read ↗ |
| HRB | H&R Block | QT · SA · STK · FA | Positive | #21, yield 3.9%. Tax preparation through physical offices and software, plus the Spruce banking app. The demand argument is regulatory complexity: "as tax codes become more complex with new deductions and credits, the need for H&R Block's expert assisted services keeps growing." The capital allocation is the standout number on the list: "they have bought back nearly 47% of shares outstanding since 2016." Plus the Wave acquisition adding "a high-growth SaaS revenue stream to complement the seasonal tax business." The AI question a preparation business faces is not raised. | read ↗ |
| MDLZ | Mondelez International | QT · SA · STK · FA | Positive | #22, yield 3.5%. Oreo, Cadbury and Milka across "over 150 countries, focusing heavily on biscuits and chocolate." The distinguishing organisational point: "unlike other conglomerates that centralize everything, Mondelez allows local managers to tailor products and marketing to specific regional tastes." The moat is the price point — "people don't stop buying Oreos during a recession. The low price point and high brand loyalty make their revenue streams relatively stable" — plus emerging-market middle-class growth. Cocoa cost inflation and GLP-1 demand effects go unmentioned. | read ↗ |
| DRI | Darden Restaurants | QT · SA · STK · FA | Positive | #23, yield 2.9%. Olive Garden, LongHorn Steakhouse and "the recently acquired Ruth's Chris Steak House." Scale as a cost weapon: "while many smaller restaurant chains are struggling with rising costs, Darden's scale allows them to negotiate better prices on everything from shrimp to steak." Operating culture — a "'brilliant with the basics' philosophy that has led to consistent same-restaurant sales growth" — and brand loyalty holding up "even in a tighter economy." | read ↗ |
| VICI | VICI Properties | QT · SA · STK · FA | Positive | #24, yield 6.4% — and the cleanest moat statement in the list. A REIT owning "gaming, hospitality, and entertainment destinations, including the iconic Caesars Palace." Structure: "triple-net leases, meaning the tenant pays for taxes, insurance, and maintenance. Their tenants paid 100% of their rent throughout the COVID-19 lockdowns" — a stress test already run in public. Durability: "You can't move a casino. The deep integration of these properties into the tenant's business makes VICI's cash flow incredibly durable." And the escalators: "their leases often have annual rent escalators tied to inflation." | read ↗ |
| INVH | Invitation Homes | QT · SA · STK · FA | Positive | #25, yield 4.4%. "The premier single-family home leasing company in the United States," concentrated "in areas with strong job growth and great schools." The demand argument is affordability arithmetic: "with US home prices and mortgage rates high, renting a single-family home has become a more affordable and flexible alternative." Scale lowers maintenance and management cost below what "a 'mom-and-pop' landlord simply cannot match." And on price: "despite strong occupancy rates near 97%, the stock is offering a higher dividend yield than the historical average." Political and regulatory risk to institutional single-family ownership is not discussed. | read ↗ |
| PAG | Penske Automotive Group | QT · SA · STK · FA | Positive | #26, yield 3.3%. "One of the world's largest automotive retailers," with hundreds of US and UK dealerships, a commercial truck segment and "a large stake in Penske Transportation Solutions." The moat is legal rather than economic: "Dealerships are protected by state laws that limit competition, creating a regional monopoly." The earnings quality sits in the back of the shop: "while car sales can be cyclical, the service and parts departments provide high-margin, recurring revenue." And a trend: "as vehicles become more complex, owners are less likely to DIY, driving more business back to specialized dealer service centers." | read ↗ |
Read this as a screen, not a rating sheet. No valuation, payout ratio, dividend-growth rate, coverage figure or expected return appears for any of the twenty-one names — the only quantitative field is the current yield, and two entries do not even have that in the usual sense (ADBE is quoted on an 8.9% buyback yield with no dividend, and CTAS yields 0.9%). The highest yields carry the least support: LYB at 11.2% in a commodity chemical cycle, LGEN.L at 8.1%, WEN and UTG.L at 6.6%. Where the archive's own framework does show through is in the reason lines — the low-cost-share pricing power of APD, the irreplaceable network of CNR.TO, the route density of CTAS and the legal moat of PAG are all the same tests applied in the Best Buys. Three names overlap the Compounding Quality universe (CNR.TO, ADBE, CTAS); the other eighteen appear only here. The top five are gated behind Compounding Dividends, a separate subscription, and are not captured.
Summary derived from the archived Compounding Quality post (text in transcript.txt) for personal study. The underlying list is the work of TJ Terwilliger for Compounding Dividends. Not investment advice. © Compounding Quality / Pieter Slegers for source material.