03-05-2014, 04:41 PM
It won't show up on any "Dividend Champions " list, and I've been looking for a reason not to buy it. S&P and M*don't have any analyst coverage, but Reuters ranks it a 4star "Strong Buy". Now it's starting to go up in price so I will wait for a pullback to add more. They raised the Dividend consistently from .11 in 3Q11 to .35 in 2Q13.
Risks...
Higher P/E than I like (20.28)
80.57% Payout rate
Regional distribution
I don't consider it a core holding, but I enjoy a gamble once in a while.
More due diligence is warranted.
Risks...
Higher P/E than I like (20.28)
80.57% Payout rate
Regional distribution
I don't consider it a core holding, but I enjoy a gamble once in a while.
More due diligence is warranted.