- The retailer just hiked its dividend by 9.9% and the payout is very well-covered.
- Williams-Sonoma's net revenue surged 21.6% year-over-year in 2021 while adjusted diluted EPS soared 64.3% higher to $14.85 during the year.
- The stock has no long-term debt and plenty of cash to pay dividends, special dividends, and repurchase shares.
- Williams-Sonoma is trading at a 19% discount to fair value based on my inputs into the discounted cash flows model and dividend discount model.
- The stock offers investors a market-beating 1.9% dividend yield with 8% to 9% annual earnings growth potential and solid valuation upside prospects.
For further details see:
Williams-Sonoma: Time To Buy This Dividend Growth Stock