Everything was looking great with my new investment.
The stock had been steadily climbing higher since my purchase in early January. This company was among the original members of the S&P 500 and once ranked among the Dividend Aristocrats. Members of this exclusive list have raised their dividends annually for 25 consecutive years. Talk about a vote of confidence!
However, the company was dropped from that list recently. Not because of an issue with its dividends -- but because it no longer had the minimum $3 billion market capitalization to remain a member.
In addition, sales had been slipping over the past several years. Counterbalancing the bad news, the company was still creating decent cash flow, producing solid returns on invested capital and trading at relatively low price.
Top Low Price Stocks For 2014: Grupo Radio Centro S.A. de C.V.(RC)
Grupo Radio Centro, S.A.B. de C.V., a radio broadcasting company, through its subsidiaries, engages in the production and broadcasting of music, entertainment, news, and special event programs in Mexico. The company owns and operates 15 radio stations, which comprise 5 AM and 6 FM stations in Mexico City, 2 AM stations in Guadalajara and Monterrey, and 1 FM station in Los Angeles, as well as 1 AM radio station in Mexico City that is operated and managed by a third party. It also operates Organizaci
Top Low Price Stocks For 2014: India Globalization Capital Inc (IGC)
India Globalization Capital, Inc. (IGC) incorporated on April 29, 2005, is a materials and construction company. IGC operates in India and China geographies specializing in the infrastructure sector. The Company offers a suite of services, including the supply of iron ore to customers in China and India, operations and supply of rock aggregate and the civil construction of roads and highways. The Company is focused on building out mining assets, including iron ore, rock aggregate, setting up customer relations, and export hubs for the export of materials to China. IGC operates in India and China geographies specializing in the infrastructure sector. On December 30, 2011, IGC acquired a 95% equity interest in Linxi Hefei Economic and Trade Co. aka Linxi H&F Economic and Trade Co., (PRC Ironman) by acquiring 100% of the equity of H&F Ironman Limited, a Hong Kong company (HK Ironman). In February 2012, the Company acquired Ironman in China. On March 31, 2013, it completed the acquisition of the remaining 23.13% of the TBL.
Mining and trading
The Company�� mining and trading activity centers on the export of iron ore to China and the resale of iron ore to traders in India. The Company�� subsidiary IGC Mining and Trading Private Limited (IGC-IMT), based in Chennai, India, and its subsidiary Ironman are engaged in the iron ore business. Ironman is engaged in the processing and extraction of iron ore from sand and dirt at its beneficiation plants, which converts low-grade ore to high-grade ore through a dry and wet separation process, provides IGC with a platform in China to expand its business, which includes shipping low-grade iron ore, which is available for export in India, to China in order to convert the ore to higher-grade ore before selling it to customers in China.
Quarrying rock aggregate
The Company�� subsidiary, IGC Materials Private Limited (IGC-MPL), is responsible for the Company�� rock aggregate production. The subsidiary has two qua! rrying agreements with two separate partners.
Highway and heavy construction
A number of the Company�� customers are engaged in highway and heavy construction. The Company�� subsidiary, Techni Bharathi, Limited (TBL), a small road building company, is engaged in highway and heavy construction activities.
Construction and maintenance of high temperature plants
The Company, through Sricon, is engaged in the civil engineering, construction and maintenance of high temperature plants. Sricon also builds and maintains high temperature chimneys and kilns.
Best Recreation Companies To Invest In Right Now: Hardy Underwriting Group(HDU.L)
Hardy Underwriting Bermuda Limited, through its subsidiaries, engages in underwriting insurance and reinsurance products worldwide. It underwrites aviation, marine, and a range of non-marine risks on reinsurance and direct basis. The company underwrites airlines, space, and general aviation risks; marine risks specializing in fishing vessels, harbor craft, and loss of hire; and cargo and specie risks covering the transportation and storage of various products and commodities. It also insures jewellers block and fine art, as well as writes for small motor account specializing in classic cars and other niche areas. In addition, the company underwrites the reinsurance of property risks on a proportional and non-proportional basis; and non-marine property risks. Further, it underwrites a range of accounts comprising financial institutions, terrorism, political risks, conveyancing, and accident and health, as well as traditional medical products, kidnap and ransom, and PA catas trophe treaty. The company was founded in 1975 and is based in Hamilton, Bermuda.
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