In March of last year, Chief Income Strategist Marc Lichtenfeld reviewed firearm manufacturer Sturm, Ruger & Co. (NYSE: RGR) and gave the company's dividend safety a big, fat "F." At the time, the company's free cash flow growth was terrible, its payout ratio was too high and its dividend was so unpredictable that it was impossible for investors to rely on it for consistent income. But that was nearly a year ago. A lot can happen in a year. Perhaps the company has turned the ship around. After all, 2021 was a fantastic year for Sturm, Ruger & Co. So maybe the analysts were wrong about their 2023 projections and it hit the bull's-eye this year. That's what we're aiming to find out today. |
没有评论:
发表评论