Artisan Partners Asset Management (NYSE:APAM). Here s a closer look.
Image source: Getty Images.
Dividend yield: 6.7%
Iron Mountain s roots are curious, to say the least its business is based on storing paperwork for organizations that don t have room to retain those documents on site. For instance, banks are required to keep signed loan papers, but they aren t required to keep those documents right behind the counter.
The company has expanded its offerings since its 1951 inception, adding related services like document shredding and even the safe storage of artwork. It s also adapted to the digitalization of the workplace, providing document scanning services and cloud data backup, just to name a few items on its more modern menu. Not only are all of these offerings perpetually marketable, but its services are cross-marketable. That is to say, users of one of its services are likely to need another.
3 Stocks to Buy With Dividends Yielding More than 6% fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Share it
UPDATE: March 15, 2021: Danone s board said Monday that Emmanuel Faber has stepped down as chairman and CEO at the maker of Activia yogurt and Evian bottled water. The France-based company said Gilles Schnepp has become chairman, while Véronique Penchienati-Bosetta, currently the head of Danone International, and Shane Grant, who is the CEO of its North America operations, will run the business while it searches for a new CEO.
UPDATE: March 2, 2021: This story has been updated with analyst reactions.
Dive Brief:
Danone s board voted Monday to separate the chairman and CEO roles currently held by Emmanuel Faber while starting a search for a new chief executive to oversee the dairy giant, the company said in a statement.