- Dick's Sporting Goods is a tremendous dividend growth consideration and has a fantastic omnichannel business model.
- When the firm reported its second-quarter earnings for fiscal 2021, it announced a special dividend of $5.50 per share. It's hard not to like management's focus on the payout.
- The sporting goods retailer also boosted its guidance for fiscal 2021 in conjunction with its earnings update. Fundamental momentum remains strong.
- We forecast Dick's Sporting Goods will remain incredibly free cash flow positive in the coming fiscal years, and we are big fans of its pristine balance sheet.
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DICK'S Sporting Goods Is A Tremendous Dividend Growth Idea