Q: Is tpz attractive at the current price for a long term dividend paying stock?
5i Research Answer:
We like TPZ for an income play as it pays a good dividend yield of 5.4%, generates good free cash flow, and does not have too much debt. Its balance sheet is strong, forward sales and earnings estimates point towards high growth rates, and overall we would be comfortable with this name for a long-term dividend name, although, it has seen a nice run recently, and we would expect a period of consolidation.