Today’s Stock: Consolidated Water Co. Ltd.

Provides water and wastewater treatment solutions. The company is also involved in design, construction, and sale of water production and treatment plants, as well as management and operation of water production plants

I’ve always wanted to invest in a company that provides something essential to almost everyone on Earth—water. In 2023, I purchased a few shares, but I haven’t added much since then. At the current price of 36,000 sats ($90,486) per share, you’ll receive a dividend of 618 sats annually. However, it would take approximately 58 years to recoup the initial investment. While this stock may appear expensive, with a price-to-earnings ratio (PE) of 31, I understand why investors are willing to pay a premium. The fundamentals of this business justify the premium.

Apparently, these baby boomers are catching on! The Ford board approved a CEO pay of $24 million while the company is completely insolvent.

However, this company, which is running a great business, is only paying its CEO a little over $1 million. But this is a great company that provides a great service and pays a dividend.

Will this company make you rich? No, but if you’re looking to invest your capital in a company that’s making the world a better place, this investment is a solid one.

Since I purchased it in 2023, the position has increased by 63% (not including dividends). Even at this elevated PE ratio, it’s a solid investment and something to consider if you’re done stacking sats.