05-17-2015, 10:28 PM
TUP has a large percentage of sales overseas so it has been hit hard by currency exchange the last several quarters. It also a MLM, which as a sector is out of favor following high profile issues raised about NUS and HLF.
I own it, but it isn't a high conviction position for me. The yield is nice and it seems to be a well run operation, but I don't expect a dividend raise this year unless the dollar falls a lot in the next quarter or two. I plan on holding, but its not blue chip enough for me to want to add to my position.
I own it, but it isn't a high conviction position for me. The yield is nice and it seems to be a well run operation, but I don't expect a dividend raise this year unless the dollar falls a lot in the next quarter or two. I plan on holding, but its not blue chip enough for me to want to add to my position.