Weyco: Dividend Rally Was Not Driven By Fundamentals, Stock Now A Hold
Weyco (WEYS) Seeking Alpha·2024-11-07 17:06
Weyco Group, Inc. (NASDAQ: WEYS ) released Q3 2024 earnings , with pretty challenging results, but announcing a one-time $2 dividend to shareholders of record as of November 18, 2024. This latter fact, coupled with the post-election rally, wereLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of ...