04-23-2015, 11:16 AM
Reading through the ECT I'm not sure what to make of the future of TUP's dividend ... they've paid $0.68 / share for 5 quarters in a row and it's just about declaration time again
Their CFO states they target for 50% TTM payout ratio and I've got them at 63.5% now ... they repeatedly say they don't want to reduce the dividend, but it sure doesn't look like they're going to increase it any time soon ... luckily their EPS EST for next year is about 24% higher than TTM
http://seekingalpha.com/article/3092146-...nda&l=last
Their CFO states they target for 50% TTM payout ratio and I've got them at 63.5% now ... they repeatedly say they don't want to reduce the dividend, but it sure doesn't look like they're going to increase it any time soon ... luckily their EPS EST for next year is about 24% higher than TTM
http://seekingalpha.com/article/3092146-...nda&l=last