Holobeam Dividend Coverage

What does Holobeam do? Holobeam, Inc. generates revenue primarily through leasing its retail properties. The company owns two retail buildings in New Jersey, one measuring 62,000 square feet and the other 31,000 square feet. The Sports Authority, Inc. rents one building, while CompUSA rents the other, accounting for approximately 98% of the company's revenue. Holobeam also owns 2.799 acres of adjacent land, which is not currently generating income. The firm previously focused on surgical staples but now concentrates exclusively on real estate leasing. The business model relies on long-term rental agreements with established retail tenants. The Sports Authority, Inc. and CompUSA are the sole tenants leasing the company's properties, with no other tenants or rental sources mentioned. The company's minimal operational staff and small office space indicate a low-cost, asset-focused approach to real estate management. Holobeam's revenue stream is almost entirely dependent on the two retail tenants, with no indication of diversification into other property types or services. The company's historical focus on surgical staples is no longer part of its current operations, as it has shifted entirely to real estate leasing. Holobeam is one of the most popular companies on Eulerpool.