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**Company Name:** Octagon Holdings, Inc.

**Stock Symbol:** OCTX

**Exchange:** NASDAQ

**Industry:** Real Estate Investment Trust (REIT)

**Business Overview:**

Octagon Holdings is a self-administered and self-managed REIT that invests in commercial real estate properties in the United States. The company's portfolio primarily consists of office, industrial, and retail properties leased to government and corporate tenants.

**Key Financial Data:**

* **Market Capitalization:** $1.2 billion (as of March 2023)

* **Revenue:** $105.4 million (2022)

* **Net Income:** $33.1 million (2022)

* **Funds from Operations (FFO):** $50.5 million (2022)

* **Dividend Yield:** 6.1% (as of March 2023)

**Earnings and Growth:**

* **Earnings Per Share (EPS):** $1.50 (2022)

* **FFO Per Share:** $2.27 (2022)

* **Annual Revenue Growth:** 10.2% (2021-2022)

* **Annual FFO Growth:** 10.7% (2021-2022)

**Key Metrics:**

* **Occupancy Rate:** 96.1% (as of December 2022)

* **Weighted Average Lease Term:** 7.2 years (as of December 2022)

* **Debt-to-Equity Ratio:** 42.7% (as of December 2022)

**Dividend Policy:**

Octagon Holdings pays quarterly dividends to shareholders. The dividend yield has been relatively stable in recent years, ranging from 5.5% to 6.5%.

**Investment Highlights:**

* **Government-Leased Portfolio:** A significant portion of Octagon's portfolio is leased to government agencies, providing stable and predictable cash flow.

* **Strong Occupancy and Lease Terms:** High occupancy rates and long lease terms ensure consistent rental income.

* **Growth Potential:** The company has a track record of acquiring and developing new properties, providing opportunities for future growth.

* **Dividend Yield:** Octagon offers a competitive dividend yield, making it attractive to income-oriented investors.

**Risks:**

* **Interest Rate Sensitivity:** As a REIT, Octagon's income is sensitive to changes in interest rates.

* **Competition:** The real estate market is competitive, and Octagon faces competition from other REITs and private investors.

* **Economic Downturns:** Economic downturns can impact the demand for commercial real estate and lead to lower occupancy rates and rental income.