Monday, February 27, 2006

The Graduate and Dividends... Plastic

An oldy, but apparently a good payer... Tupperware Industries (TUP - NYSE) is yielding over 4% right now (4.11 as of Friday's close) and is trading at a p/e of around 15. Looks like a good buy. It has been beaten up a bit lately because of poorer earnings. But, this may just be the time to buy it. More than 4% is a pretty strong payout for consumer products.

BTW, the Orlando based company has been paying 22 cents per quarter for years (about 10) and they have more than enough cash flow to cover their dividends. Bottom line. This is a reasonably priced stock that pays well and probably has some upside because it recently reported bad earnings.

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