DH Corp.-Is it A Hidden Gem? (Seeking Alpha article)DH Corp. - Is It A Hidden Financial Gem? Sep. 26, 2015 9:23 AM ET | *Do you want a company that is like a utility company but in the financial sector? DH Corp. (OTC:DHIFF) will fit the bill. You may know it as the cheque providing company which we know has been on the decline from a business perspective, but DH Corp. was able to reinvent itself as a technology company for financial institutions. If you have ever ordered cheques through a financial institution website, you have have noticed that you were redirected to its website to complete your purchase____ *Through acquisitions and business strategies, it has evolved into a strong financial technology company and can almost be considered an oligopoly in the sector due to the stringent rules for legal and financial compliance. With its recent acquisition of FUNDTech, it is getting a strong foothold in the US towards large banks._____ *Along with the growth, DH has a pretty decent dividend yield but it's not a dividend grower and it's understandable since it has a really high payout ratio (above 100%). The earnings would have to grow a fair bit before it could raise the dividends.___ *It's also not ranking really well in my Canadian Dividend Performance List. It has an opportunity score of 23% and ranks 104 out of 112 companies. My scoring formula is focused on finding opportunities with dividend growers and since DH happens to have a high payout ratio, a low dividend growth over the past 3, 5 and 10 years as well as a high historical dividend payout ratio history, it cannot score well.___ *What sets DH Corp. apart is how it kept its value during the market fluctuations of the past weeks and how it's building strength in the US market. With a P/E of 33, investors are clearly betting on the future earnings of the recent acquisitions and the potential for more business in the US.________ Dividend Earner_ Dividend investing