This Food Stock just Doubled its Dividend! Investors get a 100% Raise! Is It a Buy?

GET 50% OFF YOUR FIRST YEAR OF SEEKING ALPHA PREMIUM:

Its not often I can make a video about a company doubling its dividend, but investors in the Wendy's Company(WEN) woke up to the news on Jan 13, 2023 when the company announced a dividend hike from 12.5 cents to 25 cents per share, raising its annual payment to $1.00

In this video, I hope to help answer the question as to whether this company is a good long term investment for Dividend Growth Investors. As always, investing is risky so please do further due diligence.

Cheap Dividend Stocks in the Consumer Staples Sector:

Kroger(KR) Stock Valuation:

Follow on Twitter:

Buy Me a Coffee:

#dividendinvesting #passiveincome #stockmarket #dividendstocks #buythedip

[glennshoemake]

Percentages in my opinion can be misleading, AVGO raised their dividend by $2 per share but it only equates to a 12% increase, but I would rather take $2 increase every year than a .50 cent raise for the year.

[dontraneecegordon]

I've only starting investing and as a newbie I did it with cashapp invest. Will be purchasing a few dollars in both McDonald's and Starbucks and see where it goes.

[johntatman]

Wendy's is now the highest priced fast food company and when I drive by the local store there is rarely anyone in the lot/drive through while at the same time next door at McDonalds their lot is packed.

[arigutman]

Solid video, not a lot of dividend investors talking about $QSR more about $MCD... About about $DRI? another interesting one... restaurant investment with a powerful dividend stock...

[angers]

Would love a $QSR video not many people talk about it.

[PLo_Trades]

Not a fan of eating Wendy's so never thought of it as an investment. But you def opened up my eyes, I'm going to look into it. Thanks again for the great content. You are inspiring me to create my own.

[tyjameson]

Damn!! Darth was point on about Wendy’s 👍🏼🙌🏼🙏🏽❤️🏆

[holgerzieroth]

Hi, I really like your stock valuation tool, but I can't figure out how you got to the "Estimated Fair Value (Graham)":

With your numbers, I think the Fair Value according to Graham's Revised Valuation-model is:

(0.92 x (8.5 + 2 x 9)) x 4.4) / 4.4 = 24.38 (not 14.72)

What am I doing wrong?

[dumpsterfire]

That's why instead of investing in dividend stock i invest in income ETFs

[timannetteboogerd]

Sold Wendy’s, was disappointed with the dividend, bought McDonalds instead

[vivekRajvanshi-mnrs]

Thanks Bro
Provide one more valuable video.

[jray]

Suckered me in with The Mystery Hamburger! Just had to know !

[Handsummer]

Anyone likes Jack ? (Owning del taco now) seems like a champ, with lots growing potential.

[Malaka]

Been holding since 2020 not selling for years so not a bad stock for me Warren buffet hands

[DAMotorsports]

Dang 2020 was the time to buy at half price.

[rhinorey]

41 yrs is not old old since ill be 40 in a couple of weeks! 🤣 Love your channel and your insight!

[BWowed]

Just a quick note. Wendy's his number 2 and Burger King's number 3 now. My favorite food stock is Texas Roadhouse. They have outperformed Google for the last 2 Five-and-ten years

[thesteamboat]

I ate at Wendy's this past weekend and it was just disgusting