- A strong business model that is based on something always needed
- Zero debt
- 43% of balance sheet is in cash, 16% of its market cap is in cash
- Yield has went down to 3.4%
- One of the few stocks that have been resilient in the GFC
- Have been raising dividend payout yearly
- PTB is around 3.8 times indicating that return on assets should be pretty high
- PE of 14 times or 7% earnings yield
One dividend stock that I missed out on was really vehicle inspection and general testing company VICOM