goeasy Ltd
GSY.TO (TSX)
goeasy Ltd (GSY) stands out as a Dividend Aristocrat, having delivered over 20 years of consistent dividend growth and currently offering a yield of approximately 4.45%. Despite a challenging year with a 32.66% decline in returns, analysts maintain a favorable outlook, with an average price target of C$193.00, signaling potential for recovery and growth. With a low forward P/E of 6.6, GSY presents an attractive opportunity for investors seeking reliable income from financially healthy companies.
Pros:
- 20+ years of dividend growth
- Low forward P/E of 6.6
Cons:
- Negative 1-year return
- High market volatility
goeasy Ltd (GSY.TO) may be suitable for income-focused investors looking for a stable dividend payer with a long history of growth, despite recent market volatility. Given its low forward P/E ratio and analysts' positive outlook, it could also appeal to those willing to tolerate short-term fluctuations in pursuit of long-term capital appreciation.