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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: CusterInvestor who wrote (6408)11/13/2010 8:31:08 PM
From: JimisJim  Read Replies (1) | Respond to of 34328
 
Custer: Nah... he didn't care where the money came from... in fact, I think he preferred NOT to know... <ggg>

Yes, a PF of dividend paying companies would make a dandy dowery... wish my wife had a big one so I wouldn't have to worry about a thing... she IS older than I am, so perhaps I'm more of a gold digger than I thought, but I wouldn't mind being a kept man for awhile... <ggg>

Actually, my wife has a real pension that is fully vested and is equal to 2X or 3X whatever I might collect in the form of a pension or SS... but I saved and saved and saved so that I now have about 3X as much in my retirement stock portfolio than she does... all-in-all, together we should do quite well financially in retirement as our assets/income will complement each other nicely, but not so good individually -- just like our relationship... <ggg>

Jim



To: CusterInvestor who wrote (6408)11/14/2010 7:28:56 AM
From: Bocor  Read Replies (1) | Respond to of 34328
 
I haven't seen this stock mentioned anywhere on this thread.....any reason why?

Americans still love going to the movies—and are still willing to spend big bucks on popcorn and soda too.

This is good news for movie theater companies like Cinemark Holdings (CNK).

Cinemark recently reported strong third quarter earnings, driven by double-digit growth in ticket and concession sales. Estimates have been trending higher, too, pushing the stock to a Zacks #2 Rank (Buy).

People Still Spending at the Movies
Cinemark reported its third quarter results on November 5. Total revenue improved 12.8%, driven by a stellar 13.9% increase in admissions revenue. Overall attendance was up 9%.

Revenue from concessions was also strong, increasing 11.2%. Apparently people are still willing to pay ridiculously high prices for that buttery popcorn! And, yes, the companies make a killing off of it. The gross margin on concessions was a whopping 84.4% in the quarter for Cinemark.

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Meanwhile, operating income increased 32.5% due to high operating leverage.

Earnings per share came in at $0.29, beating the Zacks Consensus Estimate by 2 cents. It was the company’s 9th consecutive positive surprise. It was also a 53% increase over the same quarter in 2009.

Outlook
Estimates for both 2010 and 2011 have been climbing off the strong quarter.

The Zacks Consensus Estimate for 2010 is $1.22, representing an 8% increase over 2009 EPS. The 2011 estimate is currently $1.41, corresponding to 15% annual growth.

Dividend Increase
In its third quarter press release, Cinemark announced a 17% dividend increase—its first hike since 2007.

The stock currently yields an attractive 3.9%.

Attractive Valuation
Shares appear to be reasonably priced, trading at 15x forward earnings. This is a significant discount to the industry average of 22.2x.

Its price to sales ratio of 1.0 is also below the peer group average at 1.1.

Cinemark Holdings is based in Plano, Texas and has a market cap of $2.1 billion. It operates over 400 theaters throughout the U.S., Mexico, and Central and South America.

blogs.forbes.com