As we come into the last month of the third quarter I’m watching 2 main stocks this month. These are 2 small caps with room to grow.
Plow is Douglas dynamics which is home to the most trusted brands in the industry, Douglas Dynamics is North America’s premier manufacturer of vehicle attachments and equipment. For more than 65 years, the Company has been innovating products that not only enable people to perform their jobs more efficiently and effectively, but also enable businesses to increase profitability. Our commitment to continuous improvement enables us to consistently produce the highest quality products and drive shareholder value. The Douglas Dynamics portfolio includes snow and ice management attachments sold under the FISHER®, WESTERN®, HENDERSON® and SNOWEX® brands.
It just made an acquisition to buy out a commercial truck outfitter.
Dividend is .94 cents a year with a yield of 2.9 has raised its divided by a cent a quarter last 5 years or so. I would not be surprised if I scrounged up some money for this company. It’s motto is come for the earnings stay for the dividend.
The second one is Din (dine equity) it owns Applebees and IHOP. Like the rest of the eating out industry it’s cyclic when times are tough less people eat out. They did cut their dividend during the last recession but have since rewarded those who stayed with better dividends since they upped them again.
Din pays a juicy 3.68 dividend which comes out to .92 cents a quarter and is current yielding 4.80.
Moth these companies have lots of room to grow and could potentially make more acquisitions to help the bottom line
Disclamer: I am not a professional stock picker or analyst. Make picks at your own risk and do your due diligence