Get a 4.3% yield from Andrew Peller as restaurants and hotels re-open

Get a 4.3% yield from Andrew Peller as restaurants and hotels re-open

Recovering sales ensured the company endured only a small 0.4% drop in revenue during the most-recent quarter.

Sales should continue rising to pre-COVID-19 levels as it also raises selling prices and cuts costs.

The stock trades at 17.4 times the company’s 2022 earnings forecast.

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ANDREW PELLER LTD. (A… Read More

Use our updates to enhance your portfolio

ANDREW PELLER LTD. (A shares) is still a buy. The company (Toronto symbols ADW.A $7.33 and ADW.B $9.64; Income Portfolio, Consumer sector; Shares o/s: 43.1 million; Market cap: $315.9 million; Price-to-sales ratio: 0.9; Dividend yield: 3.4%; www.andrewpeller.com) is Canada’s second-largest wine producer after Arterra Wines.
In its fiscal 2022… Read More

Andrew Peller Ltd. now yields 3.4%

Andrew Peller Ltd. now yields 3.4%

Holding the shares of companies providing consumer staples is a great way for investors to balance the risk of their more-cyclical resources and manufacturing holdings. That’s because sales of food and beverages tend to remain steady no matter what the economy is doing.

We have a.. Read More

Sale helps Peller cut its debt

ANDREW PELLER LTD. $8.41 is a buy. The company (Toronto symbol ADW.A; Conservative Growth Payer Portfolio, Consumer sector; Shares outstanding: 43.7 million; Market cap: $367.5 million; Dividend yield: 2.9%; Dividend Sustainability Rating: Above Average; www.andrewpeller.com) is Canada’s second-largest wine producer.
Peller raised its quarterly dividend by 10% with the July… Read More