02-06-2015, 09:10 AM
(This post was last modified: 02-06-2015, 09:17 AM by hendi_alex.)
Now that's what I'm talkin bout! Good sounding alternative that would be worth a look!
Different business, but in my opinion Emerson Electric represent better current value as compared to many of the DG stocks. Company has low debt, has a ton of cash, modest 56% pay out ratio, and forward p/e of 14. Share price is well off of 12 month highs. Current yield yield of near 3%. I'm considering EMR for a covered call play, as the yield fails to meet my cut off of 4%.
Different business, but in my opinion Emerson Electric represent better current value as compared to many of the DG stocks. Company has low debt, has a ton of cash, modest 56% pay out ratio, and forward p/e of 14. Share price is well off of 12 month highs. Current yield yield of near 3%. I'm considering EMR for a covered call play, as the yield fails to meet my cut off of 4%.
Alex