Even the pizza is smiling ! |
It has been a strong run over the past few years as well and up a not-too-crusty 20% since the last post recommending it here in January. That capital growth is on top of the baked-in 6.2% dividend you get at today's price.
Recently the company announced a 4% increase to its monthly shareholder dividend (up from $0.0625 to $0.065 per share). As an eligible Canadian dividend, that return is equivalent to interest earnings of over 8% after tax. Investors looking for yield should consider this as part of a diversified income producing portfolio.