Ethan Allen: A Safe Source Of Dividend Income Trading At An Attractive Valuation

Ethan Allen Interiors, Inc. (NYSE:ETD) is an easily analyzable business, but this has not stopped the market from underestimating its economic profitability over the last five years. Its market valuation assumes a decline in economic profitability, even as economic profitability has sharply accelerated. Not only is the market overly pessimistic about the firm, Ethan Allen is a very safe source of dividend income, with the firm generating far more in free cash flows than it pays out in dividends. Growth With ...