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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (53755)	4/19/2014 9:42:54 AM
From: Steve Felix	Read Replies (1) \| Respond to of 78748

BGS - from their latest conference call - debt to go from 4.4x to 4.7x with the latest acquisitions. Expect to end the year back at 4.4x. Low end of estimate of $1.59 gives a current payout ratio of 85%. Imho, a year of folding in the acquisitions, working on synergies in marketing and manufacturing, severance packages, and all that goes with it. On share price, maybe dead money for a while. IDK Yahoo also shows a pe of almost 32, when their low guidance gives 20. Not sure why they feel the need to keep raising the dividend at the rate they are. Paying down the debt would seem wiser, but with a 4.2% yield, I put a little in my taxable account. seekingalpha.com