Q: 9:04 AM 5/19/2023
Good Morning
Looking at the price graph for Decisive Dividend since 2014 the price essentially drifted until the Covid Crash. Then it started up steadily to the present.
What changed things in October 2020? Did the company restructure or get new management? Please explain.
We really like the company and they seem to be very good at acquiring and integrating successful family-owned smaller businesses.
Do you believe this is a strong long-term hold growth stock
Thank you.......... Paul W. K.
Good Morning
Looking at the price graph for Decisive Dividend since 2014 the price essentially drifted until the Covid Crash. Then it started up steadily to the present.
What changed things in October 2020? Did the company restructure or get new management? Please explain.
We really like the company and they seem to be very good at acquiring and integrating successful family-owned smaller businesses.
Do you believe this is a strong long-term hold growth stock
Thank you.......... Paul W. K.
5i Research Answer:
We do not see particular news here, but DE did stop its dividend in March 2020 and halted it for 13 months. It was restarted in May 2021 at a lower rate (3c vs 2c). It also started buying back stock in late 2020. It did get a new CEO in June 2021 and went on a series of acquisitions.