$TIME 3.9 Small-Cap Stocks with Dividends: Time
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Posted On: 05/05/2017 2:42:34 PM
$TIME 3.9 Small-Cap Stocks with Dividends: Time (TIME)
Dividend Yield: 3.9%
Time Inc’s (NYSE:TIME) best days may be behind it, and TIME stock hasn’t been great since it was spun off from Time Warner in May 2014, down 10%. However, it has been showing some serious signs of life lately: since bottoming at $12.55 in early November, TIME stock is up more than 50% and is currently trading above its 50-day moving average. Earnings surged last quarter, which contributed to the big move.
Time isn’t expected to match that growth anytime soon, but analysts are estimating 7% EPS growth this year. And despite the huge run-up in the stock, TIME still yields 3.9%.
Dividend Yield: 3.9%
Time Inc’s (NYSE:TIME) best days may be behind it, and TIME stock hasn’t been great since it was spun off from Time Warner in May 2014, down 10%. However, it has been showing some serious signs of life lately: since bottoming at $12.55 in early November, TIME stock is up more than 50% and is currently trading above its 50-day moving average. Earnings surged last quarter, which contributed to the big move.
Time isn’t expected to match that growth anytime soon, but analysts are estimating 7% EPS growth this year. And despite the huge run-up in the stock, TIME still yields 3.9%.
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