Dividend Increase: WSM

ID-100130817-300x200 Dividend Increase: WSMWilliams-Sonoma Inc. (WSM) just declared $0.43 quarterly dividend. This is an increase of 10.0% from $0.39.

I own 50 shares, so this will increase my annual dividend income by $8.00 to a total of $5,146.38

I updated both my Passive Income page as well as my Portfolio page to reflect the changes.

 

My Thoughts:

Yet another double-digit dividend increase that has been announced. The company has a dividend payout ratio of 43% and CFRA has a 3-year future earning growth of 9%. This means that the company has a lot of room to continue to grow its dividend at high single-digit or low double-digit rates as well has growing earnings to back it up.

The last two past dividend increase was 5.4% last year and 6% in 2016. So this year increase was a pleasant surprise.

I find that the company is currently Fair valued. I give this stock a HOLD recommendation.

I do not plan to add any more shares of WSM at the moment; however, If I do see a significant price drop, I may consider adding more shares. I do have other companies that I am currently looking at and that I find more attractive at this time, so please stay tuned and make sure to connect with me for more information.

Screen-Shot-2018-03-19-at-8.27.13-PM Dividend Increase: WSM

Source: fastgraphs.com

 

What do you think of the company and its recent dividend increase?

 

Thanks for reading, and don’t forget to follow me for great investment ideas.

 

Image by ddpavumba at FreeDigitalPhotos.net

Connect with me:
flat_rss Dividend Increase: WSM
flat_subscribe Dividend Increase: WSM
flat_fb Dividend Increase: WSM
icon_Visit_us_en_US Dividend Increase: WSM
flat_youtube Dividend Increase: WSM
youtube Dividend Increase: WSM

Comments

Leave a Reply