A Once-in-a-Decade Opportunity: 1 Magnificent Dividend Stock Down 40% to Buy and Hold Forever
Home to over 90 snacking and restaurant brands that span the quick-service, fast-casual, and traditional dining industries, MTY Food Group (OTC: MTYF.F) is one of those companies that you've probably interacted with but might not know by name. Some of its most prominent brands are Papa Murphy's, Cold Stone Creamery, Famous Dave's, Village Inn, Wetzel's Pretzels, Thai Express, and TacoTime.
With over 7,100 locations, MTY Food Group operates the vast majority of its shops through a franchise model, giving the company an asset-light, high-margin profile. Generating positive free cash flow (FCF) every year since the turn of the century, the stock has delivered total returns of 3,600% over that time -- or seven times the S&P 500 index's return.
Despite this track record of success -- along with earnings before interest, taxes, depreciation, and amortization (EBITDA) and FCF growth of 81% and 73% over the last five years -- the share price for MTY stock trading over the counter in the U.S. is down 40% from its high.
Source Fool.com
