Devro Makes A Good Case For Every Sausage

Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success.

This week my Safari portfolio is adding a company from the consumer defensive sector. 

includes thirteen industries all related to those convenient packaged goods we’ve just gotta have. The industries are: beverages, brewed, soft, or distilled;  confectioners; discount stores; education & training; farm products; food distribution; grocery stores; household & personal products; packaged foods; pharmaceutical retailers; tobacco.

Today I’m reviewing a packaged foods representative, a small cap stock, Devro PLC. It’s trading ticker symbol is DEVOY. 

Devro PLC is a manufacturer of collagen products for the food industry. Its core product is collagen casings. Collagen casing is used to manufacture all varieties of sausages. It is made as edible, non-edible, as films and plastics types.

It offers a casings for every type of sausage  from A as in air-dried salami, to W for wiener.

The company was founded in 1991 and is headquartered Scotland and the Czech Republic.

Three key data sets measure dividend equities or funds like Devro PLC (DEVOY): 

(1) Price

(2) Dividends

(3) Returns

After those three, four more keys will unlock an equity or fund in which to invest.

These first three primary key sets, however, best tell whether a company has made, is making, and will make money. 

DEVOY Price

Devro’s price at yesterday’s market close was $6.20 per share.  A year ago its price was $6.20. Thus, it gained nothing per share in the past year.  

I suspect the flat price will continue.

DEVOY Dividends

Devro PLC’s most recent semi-annual dividend was $0.07 declared in August and paid October 23, 2017.