HOG - It's Time For Dividend Investors To Hop On Harley-Davidson And Enjoy A Great Ride
Investment thesis
Harley-Davidson (HOG) share price has declined more than 11% over the last 12 months, primarily driven by a broad market rout and fears of a trade war between the world's two largest economies, the U.S. and China.
(Source - Morningstar)
Even though the share price has recovered over the last few months, I believe shares still provide a meaningful investment opportunity for dividend growth investors. The profitability of the company might remain under pressure due to the expected changes in its product mix, but I do not expect company profits to remain