5 Best Stocks Under $30 According to Ravee Mehta’s Nishkama Capital

2. Outfront Media Inc. (REIT) (NYSE:OUT)

Nishkama Capital’s Stake Value: $21.7 million

Percentage of Nishkama Capital’s 13F Portfolio: 4.95%

Stock Price as of October 27: $24.93

Number of Hedge Fund Investors: 31

Outfront Media Inc. (REIT) (NYSE:OUT) is a leading outdoor media company with a presence in the United States and Canada. The company is in the out-of-home (OOH) marketing industry and operates billboards and transit displays. As the company generates significant rental income from its billboards and transit displays, it represents itself as a REIT to its investors.

The company announced a quarterly dividend of 10 cents on October 26. This translates into a forward dividend yield of 1.57%.