01-08-2015, 12:09 AM
Alex, thanks for pointing this out. I looked at the CCC list and liked a lot of the stats -- payout ratio < 50%, past earnings growth around high teens, next 5 year earnings growth expected to be about 10% annually, price/book < 1, ROE high teens -- and then I looked at the dividend growth rate. Around 1.5%/year? Is there some reason why it's so low when it seems the earnings would uphold a little faster growth?
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan