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

To: Baton who wrote (25329)	8/16/2016 12:15:15 PM
From: Steve Felix	1 Recommendation Recommended By E_K_S Respond to of 34328

If you want steady increases, I don't see TIS giving them out. LIKE BGS, they are shareholder friendly though, in the dividend department. BGS went six quarters @ .34, but over the last five years, they doubled their dividend from .21 to .42. In August 2011, TIS paid .10. Over the next nine quarters it went to .35. Been there ever since. I don't see how not being steady is a bad thing. They put more money in shareholders pockets the way they did it. Jmho that once they get their new plant up and running and their new paper machine operating in early 2017, it should be up for a raise by some time in 2018. Maybe earlier. CEO says they are shooting for $2.50 to $3.40 in earnings once everything is up and running. That's a 56% payout ratio on the low end. Their current 5% yield, with no growth, reinvested, out runs 3% yield and 8% growth for ten years before falling behind. A few raises and it won't even be close.

To: Baton who wrote (25329)	8/16/2016 12:49:25 PM
From: Steve Felix	Respond to of 34328

Just to clarify, these are not 2017 numbers: "CEO says they are shooting for $2.50 to $3.40 in earnings once everything is up and running." Most estimates I see for 2017 are around $2. They could surprise, but having a new paper machine doesn't let you start printing money the next day, and although I am sure they have some west coast companies that will pick them up on the east coast, sales reps will still have to beat the bushes for business. Almost every estimate I see for growth over the next 3 to 5 years is 14%. I can only hope. :) and wait.