Character Group (AIM:CCT) - buybacks could prove to be catalyst for accelerated shareholder returns
Since we last covered this toy manufacturer six months ago, the share price has failed to make significant further progress, although shareholders have enjoyed some nice dividends. It’s just a pity Director's remuneration is excessive! Our latest Free Blog provides an update...
Our Premium Company Research from December 2016 ‘A compelling investment proposition at the current valuation with an attractive dividend as well’ which you can access from the link here highlighted the appeal of The Character Group (AIM:CCT), the UK based toy designer and distributor with a wide portfolio of third-party brands under license. Since then shareholders have enjoyed an 8p dividend and, next month, will enjoy the right to a further 9p dividend – the sixth consecutive dividend increase over the past three years. Interim results for the period ending April 2017 showed some difficulties against prior comparatives: the Christmas…