- TAIT is an overlooked high-yield dividend stock with a pristine balance sheet, profitability, positive operating cash flow and positive free cash flow.
- I project that its strong fundamentals will remain in place and its fat dividend is sustainable in the foreseeable future, primarily thanks to its low CapEx business model.
- This is why I advised the subscribers to my research who are dividend investors to buy TAIT at $2.40 per share in July 2020.
- The yield currently is about 5.50%.
- Although I consider TAIT to be fairly valued at $3 per share, it's a high-yield dividend stock that deserves a place in a well-diversified income portfolio.
For further details see:
Taitron Components: Profitability, Pristine Balance Sheet And Fat Sustainable Dividend