Added to YB: 2024-05-06
Pitch date: 2024-05-04
DE.V [bullish]
Decisive Dividend Corporation
-20.93%
current return
Author Info
Don Wharton is Executive Chair of SureSwift Capital Victoria. He writes about under-the-radar compounders. Sign up for the newsletter.
Company Info
Decisive Dividend Corporation, through its subsidiaries, manufactures and sells wood burning stoves, fireplace inserts, and gas fireplaces in Canada, the United States, and internationally.
Market Cap
CAD 146.4M
Pitch Price
CAD 8.98
Price Target
N/A
Dividend
7.15%
EV/EBITDA
9.01
P/E
22.44
EV/Sales
1.54
Sector
Industrial Conglomerates
Category
dividend
Wondering What’s up with Decisive Dividend? You should read this.
DE.V: Unique dividend compounder targeting 25% annual profit growth via accretive acquisitions funded 50/50 debt/equity. 34.9% 10yr CAGR w/ dividends. Prudent mgmt, bank support, shareholder alignment. Dips on equity raises short-lived as investors value monthly dividends & long-term compounding.
Read full article (5 min)