Post by
HermannHaller on Feb 10, 2021 9:30am
Q4 results just released
Nothing too surprsing. Obviously Q4 was weak due to the lockdowns. I was pleasantly surprised to see the payout ratio at 78%, despite the low sales level. This suggests to me that they have ample room to raise the dividend once all the restaurants are reopened (summer?).
Pre-pandemic the stock was over $14. That's the upside as things normailize over the course of 2021.
Comment by
micromike on Feb 10, 2021 8:56pm
I think considering in theory that the worst is over for COVID. They paid an extra 20 cent div for the year end. Things are looking okay to me. MM
Comment by
Tommy123 on Mar 03, 2021 12:06pm
This post has been removed in accordance with Community Policy