Q: Is FSZ a buy for income investors at this level?
Thank you!
Thank you!
5i Research Answer:
FSZ picked up some momentum last year, but is down 6% YTD. It offers a very high dividend and a very low valuation, but there is not much EPS growth here. Its small size and market exposure add some risks as well, especially if markets are going to go into a 'risk off' phase. There is some risk of a dividend cut one day. We would only see it as a HOLD today.