Today’s top dividend stock comes from an industry that many income investors haven’t really considered: restaurants. Dining out is a popular thing for Americans, but investors haven’t really warmed up to restaurant stocks. The industry is not exactly risk-free and some of the most established players are reporting year-over-year declines in comparable-store restaurant sales. There is, however, one company that income investors should not ignore...
Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) is a unique player in the restaurant business. A typical Cracker Barrel Old Country Store consists of not only a restaurant, but also a gift shop. The company currently owns and operates 644 Cracker Barrel locations and four Holler & Dash Biscuit House locations in 44 states. Having a retail shop in a restaurant may not seem to be the most intuitive idea, but it has become an integral part of the Cracker Barrel experience. The retail shop is also used as a guest waiting area and is generating $440 of sales per square foot with a 50% gross margin.
Source: Income Investors
Related Articles:
- 5 Five-Star Dividend Stocks
- My Top 3 Investing Mistakes
- 6 Stocks Currently Trading Below their Fair Value
- The Wit and Wisdom of Warren Buffett
- The Perfect Dividend Stock
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
If you want to earn more dividend income from the stock market, then you need to start investing in healthcare. Analysts project the number ...
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
I am going to double down on Exxon Mobil (XOM) this week because I believe investors will have to deal with more market volatility going for...
-
Large-cap consumer staples companies are not known for making big moves in their share prices. But on the morning of Monday, April 22, Kimbe...
-
Dividend investing is all about owning investments that pay you — and pay you well — through thick and thin markets. And whether you are bui...
-
The U.S. boosted tariffs on $200 billion worth of Chinese goods from 10% to 25%. The markets had expected this to be the week that this deal...
-
Utility stocks were supposed to be yesterday’s favorite investment. The theory regarding utility stocks was simple: Robust economic growth c...
-
Technology is the alchemy of the stock market. It is where companies turn worthless silicon into incredible new and expensive gizmos and dev...
-
I love buying dollar bills for $0.80. Of course, you don’t find many chances like that in the stock market. Whenever such a great deal arise...
0 comments
Post a Comment
Post a Comment