FRG - Franchise Group: The Safest Dividend Is The One That's Just Been Raised
- We initiated coverage on Franchise Group in September of this year. We found value in its "Berkshire-like" business model in an underappreciated but giant market segment: franchises.
- After obtaining a deeper understanding of the firm and its strategy through conversations with the CEO, Brian Kahn, our conviction rose.
- Exactly three months after issuing a bullish perspective, the stock has climbed over 55% in value.
- Arguably more impressively, the common stock dividend has increased even greater over that short period of time.
- It's time to revisit Franchise Group and update our outlook.
For further details see:
Franchise Group: The Safest Dividend Is The One That's Just Been Raised