The latest 10-K (annual report) is out from Amerco (UHAUL) and the numbers are pretty stellar.
Total revenue was up for the year ending 3/31/2021 by over 14% to $4.541 billion. Earnings were over $600 million — all total the company generated $1.45 billion in net cash, but of course reinvested $900 million back into the company.
I post this because of my personal interest in the UHAUL Investors Club where I have about $40,000 of IRA money. I have invested here for a few years and have only put new money into the account. Returns are meager–3 years ago they were better, but like all income investments coupons on the bonds have fallen in the last couple of years. Current coupons are 1.75% to 3%.
For folks interested in the UHAUL Investors Club I have some info here.