CA - Enghouse Systems: A Tech Company For A Dividend Growth Investor

2024-06-11 07:57:44 ET

Summary

• Enghouse Systems is a Canadian technology company with a strong balance sheet, increasing dividend, and founder-led management.
• Transitioning to SaaS model with solid growth in revenue and net income, recent acquisitions contributing to growth.
• Stock trading at an attractive valuation, with potential for future growth and dividend increases, making it a good buy for dividend growth investors.

Enghouse Systems ( ENGH:CA ) is a Canadian company providing software solutions for customer interaction and asset management. Enghouse can be described by many labels. It is a technology company, a serial acquirer and also a dividend growth stock. Due to competitive concerns and lack of growth in the past couple of years, the stock has declined to an attractive valuation....

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