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Retirement Strategy: Maybe I Can Make A Few Bucks On This One

Of course it is a retail stock, so I am not that surprised, but the company has money, is grossly undervalued, and even many analysts give it a Buy rating:

I have yet to read the conference call transcript, but my wild guess is that the company must spend on having a stronger internet presence.

The Company's Board of Directors has declared a quarterly dividend of $.15 per share, to be paid on January 16, 2018 to shareholders of record at the close of business on December 15, 2017.

This comes from today's press release, so unless the company changes its mind, it seems to be committed to at least one dividend, and that alone could make me hang on to the stock just to see what happens.

READ MORE (Seeking Alpha)

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  • Bed Bath & Beyond's (BBBY) CEO Steven Temares on Q2 2017 Results - Earnings ...Seeking Alpha
  • Bed Bath & Beyond Shares Slide After Missing Profit EstimatesWall Street Journal (subscription)
  • Bed Bath & Beyond Inc. Reports Results for Fiscal 2017 Second QuarterPR Newswire (press release)
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This post first appeared on The 5th News, please read the originial post: here

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Retirement Strategy: Maybe I Can Make A Few Bucks On This One


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