MATW - Matthews International: Perennial Dividend Raiser To Benefit From EV And E-Commerce Growth
Summary
- MATW is a small-cap dividend growth stock that is easily overlooked for its small size and lack of simplicity.
- The company is a conglomerate with multiple irons in different fires, from funeral home products to warehouse robots to lithium battery manufacturing machines.
- MATW is suffering from a perfect storm of headwinds right now, primarily inflation and euro currency headwinds.
- The 3.4%-yielding dividend remains safely covered and likely to continue its 28-year growth streak in the years to come.
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Matthews International: Perennial Dividend Raiser To Benefit From EV And E-Commerce Growth