Watch for a Run Into Earnings on January 24Total yearly earning should be $1.40 per share which means this trades at a 5.5 P/E which is crazy cheap. And they should raise their dividend to about 12 or 13 cents a quarter for Q1 shortly after that from the current 11 cents.
Dividend payout is running at about 35 percent so there is a ton of room to increase it.
Company has no debt and good fund performance and sales so this is a cash cow.
While the Goldring's have said NO to buyout offers before, eventually there will be one that makes.sense to them and it will likely be at about 2x today's price.
This is one that could move higher quickly and you get a nice rising dividend as you wait.
GLTA